Bitcoin mining machines
Earnings on “digital gold” is a process of solving three-dimensional mathematical problems. This will help special equipment for mining. The user installs the client program on the farm, connects to the Internet, runs the algorithm, and begins the automatic process of hashing (solving problems). Initially, crypto-coins could be mined on ordinary PCs, but the community of miners was increasing, the complexity of the necessary calculations was growing, and now special installations are needed for mining.
The dependence of technology on the method of production
The income level of the miner depends on the capacity of the bitcoin mining machines, the chosen algorithm and external costs. For example, it is profitable to mine cryptocurrency by installing a farm in a cool room. Novice users are suitable cloud farms, which do not require the purchase of personal equipment. There are three main ways to get coins:
A single mining user buys equipment for the mining farm and starts to mine coins. This method requires constant updating of boards, monitoring of the farm. The increase in the number of miners led to the economic unprofitability of solo mining.
Cryptocurrency mining in pools — the user is spent on equipment and setting up the farm, then registered on the server, whose members jointly mine coins. The volume of blocks (tasks) is divided between the participants of the pool depending on the capacity of their technical equipment. Pooled mining is an intermediate option between costly single mining and unstable cloud mining.
Cloud mining method — the user rents the farm capacity, paying a set Commission, independently selects the types of coins for mining. This option is suitable for beginners who do not have the means to buy a farm. You should choose your cloud service carefully, relying on community feedback to avoid scams.
The optimal mining “iron” in 2019 — ASIC-installation, working on one of the selected algorithms. Such equipment does not require special knowledge to get started, more productive than a standard farm. For example, to configure the hardware of Hashfast Sierra, it is enough for the miner to download the CGminer client to the PC.
Main disadvantages ASIC-miners — problems with the repair and importation of equipment for mining in Russia.
User-programmable matrices (Field Programmable Gate Array) consist of semiconductors, represent an intermediate stage between video cards and ASIC-miners, popular a few years ago. For example, one of the models of the manufacturer Spartan consume 39 watts at a speed of 860 Megaherz per second and a price of $ 1,000, represented the best hardware for mining bitcoins in 2017.
The equipment for mining on FPGA can be assembled independently, the energy efficiency of the installation is much higher, but in the future it is not subject to resale, as well as the ASIC farm. Programmable matrices are produced by:
How to choose — step by step instructions
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