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We are miners: There is a legend whose name is derived from King Arthur, meaning the world of bliss

We are miners: There is a legend whose name is derived from King Arthur, meaning the world of bliss
We are an old leek, old miner! Being cut one after another, filling one by one, this thing is very fun, we are still playing.

From 2013 the present, the crypto mining circle is full of stories. Do you remember the butterfly mining machine that was pre-ordered a year later? Remember that the ASICMiner (friedcat) accounted for one-third of the world's hash rate in the BTCGuild mining pool?

In the interviewing ngzhang (Zhang Nangeng, the founder of Avalon) by, he said,

"Avalon's name is derived from the legend of King Arthur, meaning the world of bliss."

Zhao Dong mentioned in the interview by,

"I am not selling the house for the sake of speculation. I watched the property market, so I sold the house. I just touched Bitcoin, so I played Bitcoin. If I think that I am selling the house for the sake of speculation, it is a big misunderstanding."

On the 2013 Singles Day (Double eleven day), Bitmain announced that "55nm mining chip test was successful, power consumption is as low as 0.68w/gh/s, the upcoming spot ant mining machine".

2015 Antminer with you and me New Year's Eve - Essays waiting for you! \"Ant and me: my encounter with the antminer machine\" creative painting of beauty fendy.

In an interview with zhanketuan, the CEO of Bitmain always said,

"Doing things well every day is our plan."


The southwestern border of China is also known as Yunnan, also known as the south of the colorful clouds. The name of, Colorful Yunnan Bitcoin" comes from here. There is beautiful scenery here, the climate of the four seasons like spring, the blue sky, the white clouds, there is abundant hydropower here. Resources. Every digital currency miner is profitable, but when you are in the arms of nature, watching a mining machine creak and calculating bitcoin transactions from around the world. This feeling is somewhat wonderful. The combination of high-tech and primitive nature will make you forget the difficulty of life, forget the pressure of work, and the feeling of magic and coziness is born. Feel like you don't want to leave, as Lijiang or Dali. In this deep valley, building a small house. The family is enjoying themselves in this pure nature. Sleeping early every day, sleeping until you wake up naturally. Soaking a pot of Pu'er tea, watching the river in front of you, let it be sinister in the world, all thrown into the brain Rear.

On the mining road: the rising sun shines above the sea of clouds.

On the mine road: enter the cloud, a pool of Jasper into the eye.

On the mine road: the lake and the autumn moon are two phases, and the windless mirror on the surface of the pond is not worn.

"Looking at the Dongting Mountains and Waters, a Green Snail in a Silver Plate" - "Wang Dongting" Tang Liu Yuxi
. . . . . . . . .


Brothers can wake up, it is a dream. The days of miners are actually very hard, Yunnan's highways and mountains are more curved. Every day, going to the mine to drive a mountain road for 10 hours is a common practice. You can see the piles of landslides everywhere. On the road beside the cliff, loneliness and loneliness hit the heart.

On the mine road: the altitude changes, the road surface is slippery.

I hope that the days of the miners will be better every day!

Recently, Miners of Cybtc 2019 New Year One-Stop Group Mining have all been put on the shelves. Bitcoin has been like this river, rolling forward. Come on, let the bear market come even more fierce!

Pictures of the mine.

The mining machine has just put on the frame.

Mine curtain temperature has been checked not more than 12 degrees.

Mine air inlet temperature.

Mine air outlet temperature.


Mine dedicated transformers.
submitted by cybtc to BitcoinMining [link] [comments]

Bull Market Is Coming! 58COIN Opens A New Era Of "Cloud Mining"!

Bull Market Is Coming! 58COIN Opens A New Era Of

There have been signs of the market rally since the beginning of the 2019 new year. After that, the continuous uptrend market sees small pullbacks, rising from 3,000 to 4,000, then to 5,000 in a few months, and broke through 6,000 in the past few days. Sensitive investors have smelled the coming of the bull market and getting even closer. They may wonder how to make a layout before the arrival of the bull market, and how to seize the opportunity?
The 58COIN exchange offers investors a preferred and timely choice — leasing cloud mining.
Cloud mining is a service that allows users to lease based on each T hashrate or designated period of time by paying certain operation and management costs and enjoy the earnings accordingly.
Compared with the high profit of contract trading, cloud mining is more stable and conservative; while compared with “buy low and sell high”, investors can better understand the original pleasure of mining. In another saying, the purchasing of cloud mining is equivalent to lay out a small ecology. Regardless of price fluctuations, investors can get bitcoin earnings every day by paying only electricity cost, management fee, and O&M costs. Besides, the cloud mining service launched by 58COIN this time offers a lot of cost-effective services for investors.
Hot Sales Miners
The Antminer S17 series, which is the latest flagship product of Bitmain, with the high hashrate of 53TH/s, the power consumption of 2,417w/h per mining machine, it can remain normal operation under 40°C. Such high mining power, super energy saving, and high-temperature resistance miners have been sold out in just a few minutes after the sales started. 58COIN uses such miners for mining power leasing services indeed attracts the attention of a large number of mining enthusiasts. As the bull market is approaching, with such cost-effective mining machines, investors can invest with confidence.
Low Entry Requirements
With regard to the threshold of mining, tens of thousands of RMB investments discourages many small investors. The BitHash launched by 58COIN this time is designed for various investors, starting from 1T hashrate with no upper limit, sold for several hundred RMB or higher, regardless of being large, medium, or small investors can participate according to their financial planning.
Compared with self mining, investors do not have to worry about the setting of mining field, mining noise and other affairs, besides, the unified management and O&M can save a lot of electricity and O&M costs for investors. Currently, only bitcoin mining is supported.
Fair and Reasonable Fees
After buying cloud mining services, investors may be concerned about the following problems, including what if the electricity bill is high? What if the various expenses make me cost overrun? Investors do not need to worry at all. 58COIN, as an old mining brand, promises to offer the lowest service costs in the industry with no additional fees.
Package Fees: Hashrate Fee +Electricity Cost + Management Fee + O&M Costs
1) Electricity Cost: Power consumption * 24h * electricity price 0.32 CNY ($0.047)/kWh
2) Management Fee: 4% of mining earnings
3) O&M Costs: Power consumption * 24h * electricity price 0.03 CNY ($0.0044)/kWh
Users should pay hashrate fee with USDT. The electricity cost, management fee, and O&M costs will be deducted from the daily mining earnings in the form of BTC.
Continued and Considerable Earnings
Cloud mining can offer investors with continuous and considerable earnings without paying too much attention to price changes or markets. If you think that the bull market will indeed come with a rising price of 8,000 or 10,000, then investors can recover the cost quickly and then start a mining process of pure earnings and high currency price. (The recently launched perpetual hashrate contract can make investors get indefinite earnings.)
Mining Earnings: 12.5/D*(1T/s*24h*3600)/σ≈0.00003752BTC
Where D=6702169884349; 1T/s=10¹²; σ=2³²
After deducting the management fee: 0.00003752BTC*96%≈0.000036
(The above is assuming that the difficulty factor D is calculated in the current state, the change of which will affect the mining earnings)
Electricity Cost and O&M Costs: 2417W/h*24h/1000*(0.32+0.3)/53=0.38 CNY(approx. $0.055)
According to the current bitcoin price of 7,100 US dollars, the daily net profit of per T hashrate can be 1.4092 CNY (approx. $0.205), based on such calculation, investors can recover the cost in 275 days. Meanwhile, if the difficulty of mining remains unchanged, as long as the digital currency is higher than $1,599.14, then the mining machine will be in a state of profit. Therefore, if you expect the upward movement of bitcoin in the market, investing in cloud mining is a lucrative choice.
Remarks: The data such as currency price, exchange rate, and difficulty of mining are set according to the current situation, and may subject to change. The estimated data is a valuation and not an accurate one.
Currently, the launched cloud mining services are perpetual ones. Investors can hold it forever after a one-time buyout theoretically and can get continuous earnings in the bull market.
However, in the event of an extremely bearish market, if the mining revenue cannot cover the costs of electricity, management, O&M, etc. for 90 consecutive days, the service will be terminated and the user has no ownership of the mining machine.
In accordance with daily practice, quote the official investment risk warning of 58COIN:
  1. As the price and mining difficulty of digital assets may subject to large fluctuations and regular adjustments accordingly. Any decline in the price or increase in the mining difficulty will result in a lower return on the hash contract. Whether it is from the angle of digital assets or fiat currencies, this hash contract does not guarantee that the user can recover the cost. Every investment and transaction involves risks, users should assess their own risk tolerance when making a decision.
  2. Force majeure and accident risk: Force majeure events such as natural disasters, digital currency market crisis, war, equipment failure, communication failure, power failure, or changes in national policies, which cannot be foreseen, avoided, or overcome, may lead to the termination of this custody service. 58Coin does not assume any responsibility for any decline in investment earnings or even the principal loss that may incur by the above-mentioned situations.
Normally, when mentioned about the digital currency, features like great fluctuations and unpredictable risks are often attached to it. Such a theory obviously does not apply to cloud mining. Investors can get continuous and additional profits if the currency price is higher than $1,599.14, and will not stop until an extreme bear market happens. On the eve of the bull market, how can you remain the cold shoulder in the face of such a low-risk, stable return investment method?
submitted by 58CoinExchange to u/58CoinExchange [link] [comments]

Crypto Mining Difficulty 101 - Everything You Need to Know Bitcoin Mining Difficulty Drops A Historical 16% - Bitcoin Hashrate Down 45% - Why It's A Good Thing can you mine bitcoin - bitcoin mining calculator difficulty increase - asic miner for bitcoin Bitcoin Mining Difficulty Decreases! (Bad News For Your Genesis Mining Dash Contracts) How to Calculate Bitcoin Difficulty

Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC. To the right of the address bar, click the icon with 3 stacked horizontal lines. From the drop ... 💡 Online Mining Rechner 1 / Cryptocompare. Mit Cryptocompare können alle großen Krypto-Währungen berechnet werden. Wer sich über die genauen Gegebenheiten zwischen den Währungen informieren möchte, der kann Bitcoins, Ether, Dash, Litecoins, Ethereum Classic, Monero, Zcash und Pascal berechnen. Try HashGains cryptocurrency cloud mining profitability calculator from which you can calculate mining profit and mining difficulty for the trending cryptocurrencies or altcoins. Halong Mining DragonMint B29. Apr 2018. 2.1 Th/s. 900 W. 70 db. Blake256R14-$2.32 /day. PinIdea DR-100 Pro. Nov 2017. 21 Gh/s. 900 W. 55 db. X11-$2.37 /day. FusionSilicon X7+ Miner. Mar 2019. 320 Gh/s. 2000 W. 72 db. X11-$2.37 /day. PinIdea DR-100. Aug 2017. 19 Gh/s. 900 W. 55 db. X11-$2.39 /day. Bitmain Antminer S9 (12.5Th) Feb 2017. 12.5 Th/s. 1225 W. 85 db. SHA-256-$2.41 /day. Canaan ... The Mooncoin mining profitability results and mining rewards were calculated using the best MOON mining calculator with the following inputs. A MOON mining difficulty of 306.27, a MOON mining hashrate of 2,200,000.00 KH/s consuming 2,100 watts of power at $0.10 per kWh, and a block reward of 17,906.00 MOON at $0.0000 (MOON to USD).

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Crypto Mining Difficulty 101 - Everything You Need to Know

Sep 11, - Genesis Mining launched its new sha256 mining contracts in the offers lifetime contracts for both altcoin and Bitcoin cloud mining services. Have you purchased a USB Bitcoin miner and ... Noob's Guide To Bitcoin Mining - Super Easy & Simple - Duration: 11:37 ... Bits Be Trippin' 2,431 views. 1:00:11. What is Crypto Mining Difficulty and How it Impacts YOUR Profits - Explained W ... In this video, I attempt to describe how crypto mining difficulty works and how it affects profitability. I also crunch some numbers to show alternative methods for determining profits based on ... In this video I show you how to calculate your earnings and profitability for your contracts on Genesis Mining! I used calculators that I found on the internet that are really easy to use, they ... What is crypto mining difficulty, how is it adjusted, what is the point of a block time? Vosk explains how the difficulty for mining a block reward is adjusted when mining Bitcoin on sha-256 or ...