World’s fastest and most energy-efficient miners: AT2880 air-cooled miners are capable of achieving an output of 0 to 260 TH/s, with an optimal efficiency of 16 J/TH.
AI3680 immersion-cooled miners are capable of achieving an output of 0 to 375 TH/s, with an optimal efficiency of 15 J/TH.
o Capability to operate at temperatures up to 50°C (122°F) to maximize
uptime.
o EnergyTune™ and AutoTune™ technologies allow miners to dynamically adjust
the Bitcoin hash rate based on-demand response needs of the electrical
grids.
o FluxVision™, Auradine’s comprehensive cloud-based solution, provides
user-friendly interfaces for miners to manage their operations at data
center scale. https://www.bloomberg.com/press-releases/2023-11-14/auradine-unveils-next-generation-teraflux-bitcoin-miners-setting-new-benchmarks-for-efficient-and-sustainable-miningThe date of the start of delivery of the announcement is the 2nd quarter of 2024 |
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Some companies make big money from cloud mining U.S-listed bitcoin mining operation Bitdeer booked a gross profit of $10.8 million on revenues of $15.6 million for its cloud mining segment in the latest quarter, the company said in an earnings release on Monday.
The Singapore-headquartered mining firm has provided a cost-of-revenue breakdown for each of its proprietary mining, cloud mining, and hosting segments for the first time, shedding more light on how mining companies diversify their proprietary hashrate to navigate the challenges of the bear market.https://theminermag.com/news/2023-11-14/bitdeer-cloud-bitcoin-mining/ |
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Usolye-Sibirskoye is a city in the Irkutsk region of Russia with a population of less than 100,000 people. Iskutsk is known for its cheap electricity prices in Russia. For individuals in a garage, the price is about $0.017 per kilowatt. In one of these garages there were approximately 9 ASICs with a consumption of 20-30 kilowatts per hour, and this garage was located next to the courthouse. As a result of the fire, no one was injured, except for the ASICs and the garage, but there are many such stories in Irkutsk.  in Russian https://bits.media/v-usole-sibirskom-zagorelas-pristroyka-k-zdaniyu-mirovogo-suda-iz-za-podpolnogo-mayninga/ |
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On the contrary, I see a big decrease in activity in mining communities, because video cards are not profitable, and ASIC mining is not suitable for all home miners.
And now there is already a lot of information that Bitcoin mining is simply unprofitable on any equipment except modern ASICs.
Stupid questions will arise when Bitcoin approaches the price of 60,000 dollars.
which will not be an ending indicator as 60k is too low for asics once the ½ ing comes. the best btc miner is the s21 it will need 85 kwatts a day. it is earning 16 a day today and if the ½ ing happens today it earns 8 a day. so at 10 cent power todays price is okay and at the ½ not okay. so we need to be at 74k for a ten cent power price to make money. I start to see a lot of questions when 20 cent power works. we are no where near that. I like real reports from mining companies. Even if they work 3 months a year in Texas, their profits are very different from standard calculations. https://bitcointalk.org/index.php?topic=5473513.msg63130657#msg63130657I remember that you said that your rental agreement for premises is limited in time. How will this affect your mining? |
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Argo Blockchain capitalized on economic curtailment strategies at its Helios facility to accrue $4.4 million in power credits against high electricity prices, contributing to a mining margin increase to 58% in Q3 from 36% in Q2 2023.
Moreover, the company reduced the average direct cost per Bitcoin (BTC) mined by 33%, from $17,566 to $11,736. The firm also reported a reduction of 11% in recurring non-mining operating expenses and a positive Adjusted EBITDA of $3.1 million for the quarter, with a nine-month tally of $5.4 million.https://www.financemagnates.com/cryptocurrency/argo-blockchain-q3-revenue-clouded-by-net-loss-despite-cost-cuts/Argo Blockchain also benefits from the Texas Electric Demand and Response program.
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On the contrary, I see a big decrease in activity in mining communities, because video cards are not profitable, and ASIC mining is not suitable for all home miners.
And now there is already a lot of information that Bitcoin mining is simply unprofitable on any equipment except modern ASICs.
Stupid questions will arise when Bitcoin approaches the price of 60,000 dollars.
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If the control boards in ASICs are the same, then this is a problem in the firmware. Here we need help from the community to advise on the correct firmware, because these algorithms are similar and ASIC chips can work on both algorithms. Unfortionatly they blocked my account
Add photos of ASICs with data on tags and data with firmware, I will create a topic for you. |
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Acryptoinvest.news: Компания Bitdeer Technologies Group, предоставляющая услуги облачного майнинга биткойнов, заключила партнерское соглашение с NVIDIA, чтобы удвоить объем суперкомпьютерных ресурсов.
В пресс-релизе от 9 ноября Bitdeer сообщила, что стала поставщиком облачных услуг (CSP) в партнерской сети NVIDIA. Это позволит сингапурской компании запустить облачный сервис на базе NVIDIA DGX SuperPOD, инфраструктуры центра обработки данных искусственного интеллекта с системами DGX H100.https://acryptoinvest.news/archives/23835?
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You Can Marinate In Water Heated By Bitcoin Mining At This NYC Spa Bathhouse has one location in Williamsburg, Brooklyn and another opening in Flatiron, NYC
Bathhouse is a super-trendy spa located in Williamsburg, Brooklyn, with a new location set to open sometime in the near future in Manhattan’s Flatiron district. If its sans serif font and ultra-minimalist website don’t already scream New York City Elite, then the way it heats its pools absolutely shouts it from the rooftops: Bathhouse mines bitcoin to warm its baths.https://kotaku.com/bathhouse-nyc-spa-bitcoin-asics-1850958168This is great recycling, putting the heat from mining to beneficial use so it does not become a waste or a problem. People in countries with extreme cold and freezing weather who mine bitcoins can benefits from this because they can also copy this method of using the heat generated by their mining machines to warm and heat up the house and also heat up water, reducing the cost they spend on the electricity for house heaters. This is good in theory, but when you start heating the water in the pool using ASICs, you will realize that you need a lot of ASICs; the efficiency of this method of heating water will be low. In some cases, it will be more profitable to use a household water heater, because the price of Bitcoin is low and the profit is small. And in the city it is very difficult to obtain permission for large electricity consumption and the price will be at a commercial rate. |
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Another coin was taken from GPU miners https://hashrate.no/fpgas/k10One ASIC based on FPGA Mainint is 6 times faster than the most powerful video card RTX 4090. And Radiant and IronFish also work on this algorithm. If you want to get this coin through mining, then you need to consider the benefits of mining on SUPERSCALAR K10. |
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Is it really that small? I'm sure you remember that in 2017 there was a boom of GPU mining and people were buying so many GPUs that Nvidia and some AMD graphics cards were not only out of stock everywhere but it had crazy prices too. I wanted to change my old GPU and buy a new one for gaming in 2017 and I simply couldn't let myself to pay thousands of dollars in a graphics card.
I think there is a difference between the altcoin mining market and the Bitcoin mining market. I also don't think that your experience applies exactly the same right now. I don't think mining is the key reason why GPU has been hard to buy in the last two years, not to mention other devices like PS5 and Xbox are also hard to buy until recently. It is not hard to imagine that GPU manufacturers fuel the rumor to increase their GPU prices without too much backlash. CMIIW. Btw, if you compare the mining market size to the GPU market size, then some reports suggest that the number is hovering around $7 billion compared to $40 billion in 2023, which is quite a significant difference. No, I don't mean the last two years. I mean 2016, 2017 and 2018. Can't talk about other years because I stopped GPU mining after 2019. I remember in those years that it was almost impossible to build a gaming computer but I can't say that GPU manufacturers used that as an excuse to increase GPU prices. I remember that GTX GPUs were sold 1 per customer on Nvidia and other shops but price was almost the same as it was before GPU boom or as it was expected for the new series of GPUs. If we remember the peaks of mining on video cards, the price increase was due to the dishonesty of sellers. They sold large quantities of video cards to companies they knew for bribes. Therefore, there was a shortage of video cards in stores. And now, in a few months, Bitmain can release ASIC for many coins, and gaming video cards will only be for gamers  |
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Can I just insert my question here as I'm just as I'm also interested in mining but am unaware of which one and whether it's still profitable.
Unlike OP, our electric grip is stable but because it's going to be costly mining, I would probably choose to build a wind turbine or Solar for my power source, this however couldn't support mining BTC since the ASIC devices will need more power. Is there an altcoin that I can mine with just these sources of energy?
I will probably start when I get money after the bull run and if feasible. Seem a good idea to me.
If you are talking about mining on video cards, then look at any calculator to understand that it is now unprofitable. https://hashrate.no/gpusBut for altcoins, many different ASIC models have now also been released, and ASICs have a faster payback period. Wind and solar energy are unstable, and you will need a stable source of electricity. |
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This is an excellent practice, because in Russia they destroy electricity or reduce power at thermal power plants so that they produce less electricity.
What do you think is the price of this electricity, if the riot company has such a low cost of Bitcoin mining?
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It all depends on the project’s requirements for phones. For 35-50 dollars you can buy many used phones with a 4-6 core processor and 32-64 GB of built-in memory from the inexpensive Chinese brand Xiaomi or others. You can order batteries from Aliexpress today. Older Hiomi models can be disassembled and the battery replaced at home, unlike new Samsung and Apple.
HUH? What project? It's making use of old unused equipment that would otherwise be discarded. There's no buying involved. The batteries are removed to eliminate fire risk from overheating caused by mining. You should already know all that. I have no experience in mining on a mobile phone I saw on YouTube a mining farm made from phone phones and the batteries were in the phone, and the phone charger was also not made to constantly power the phone from the outlet. And it’s very good that there are no such profitable projects now. |
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lolMiner 1.77bChanges
Added support to mine SHA512_256D used for Radiant (RXD). Use -a RADIANT to mine it, fee is 0.75%. Supported GPUs: AMD RX 470 - 590, Vega (requires rocm drivers) and all Navi and newer, Nvidia Pascal and newer.
Added support to mine Ethash B3 used for Rethereum (RETH). Use -a ETHASHB3 to mine it, fee is 1.0%. Supported GPUs: AMD Navi and newer, Nvidia Pascal and newer.
Added ethash dag correction tables for epochs 13-29 (PowBlocks, XPB), 112-129 (OCTA) and 608 - 619 (ETHW)
Fixes
Fixed a bug in Ethash solvers for AMD Navi and newer and Nvidia GPUs that caused a crash when mining at some low epochs. This fix will allow to mine PowBlocks (XPB).
Fixed a bug introduced in 1.76a causing CTXC mining to not work.
(1.77a): Fixed a bug causing RXD mining to not work (bug was new in 1.77)
(1.77b): Fixed a bug causing Alephium and Ironfish mining to not work (bug was new in 1.77)
https://github.com/Lolliedieb/lolMiner-releases/releases/tag/1.77bCheck all links with this post from the developer. https://bitcointalk.org/index.php?topic=4724735.0
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If you want to buy a large batch of ASICs, then it is better to contact through official websites. Shenzhen is known for its electronics markets in China; there are a lot of intermediaries there who can sell low-quality goods.
Or do you want to take a tour of the factory?
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