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asicminershub · 10 months
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Market Impact of Innosilicon's ASIC Miners
Innosilicon
Innosilicon is a well-known company in the cryptocurrency mining industry that specializes in the design and production of high-performance ASIC miners. Founded in 2006, Innosilicon has established itself as a leading player in the market, delivering innovative and efficient mining hardware solutions to miners worldwide.
The company prides itself on its commitment to research and development, continuously striving to improve upon its previous designs and deliver cutting-edge technology to its customers. By leveraging its expertise in semiconductor design and fabrication, Innosilicon has managed to stay ahead of the competition and earn a solid reputation for its products.
Here is the list of the best innosilicon miners as of 2023 ranked according to profitability, price and durability.
1.Innosilicon KAS Master Pro
2.Innosilicon Kas master 2 THS
3.Innosilicon Kas master 1 THS
4.Innosilicon T4 BTC Miner
5.Innosilicon a11 Pro 8gb
6.Innosilicon a10 pro 6 GB
Mining Hardware
Mining hardware is an essential component of the cryptocurrency mining process. It refers to the physical equipment utilized to validate and record transactions on a blockchain network. As the complexity of mining cryptocurrencies increases, miners require powerful and specialized hardware to compete and generate profits.
In the early days of cryptocurrency mining, miners utilized general-purpose CPUs and GPUs to mine cryptocurrencies like Bitcoin. However, as the industry evolved, ASIC miners emerged as the most efficient and cost-effective solution for mining popular cryptocurrencies. Companies like Innosilicon have played a crucial role in designing and manufacturing ASIC miners that offer superior performance and energy efficiency.
ASIC Miner
An ASIC (Application-Specific Integrated Circuit) miner is a mining device specifically designed to mine cryptocurrencies. Unlike general-purpose CPUs or GPUs, ASIC miners are optimized to perform a single task - the computation required for mining. This specialization allows ASIC miners to perform mining operations significantly faster and more efficiently than other hardware alternatives.
Innosilicon has been at the forefront of ASIC miner development and has released several generations of mining hardware over the years. Its ASIC miners are known for their high hash rates, low power consumption, and durability. The company's dedication to innovation has enabled them to continuously push the boundaries of mining technology.
Their ASIC miners are designed to mine various cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and more. Innosilicon's product lineup includes a range of models catering to different levels of mining operations, from individual miners to large-scale mining farms.
One notable aspect of Innosilicon's ASIC miners is their focus on energy efficiency. The company understands the ecological impact of cryptocurrency mining and aims to minimize energy consumption while maximizing mining performance. This approach not only benefits the environment but also leads to reduced operational costs for miners.
Innosilicon's ASIC miners are designed to be user-friendly and accessible to miners of all skill levels. The setup process is straightforward, and the company provides comprehensive support and documentation to assist miners in getting started quickly. Additionally, their mining hardware is known for its reliability and durability, ensuring that miners can operate their machines without any major interruptions.
The constant evolution of Innosilicon's ASIC miners showcases their commitment to staying ahead in the competitive mining industry. By incorporating the latest advancements in semiconductor technology and constantly refining their designs, they continue to deliver top-of-the-line mining hardware to miners worldwide.
In conclusion, the rise of ASIC miners in the cryptocurrency mining industry has revolutionized the way miners operate. Innosilicon, as a prominent player in this space, has played a vital role in driving this evolution. Their dedication to innovation, energy efficiency, and user-friendly designs has contributed significantly to the progression of the mining hardware market. As the industry continues to evolve, it will be interesting to see what new advancements Innosilicon brings forth to further enhance the mining experience.
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viperallc · 18 days
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5 Effective Ways to Convert Mined Cryptocurrency into Cash
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Cryptocurrency mining isn’t just about the thrill of earning digital currency; it’s about how you convert those digital treasures into real-world cash. Let’s face it, digital coins don’t pay the bills unless they’re turned into fiat currency or used in other financially beneficial ways. So, if you’ve been mining and accumulating cryptocurrency, the next crucial step is figuring out how to cash out. Whether you’re a seasoned miner or new to the game, understanding your options for converting digital assets is essential. We’ll explore three tried-and-true methods and introduce two additional strategies to maximize your cash-out process.
Direct Cryptocurrency Exchanges
The most popular route for turning cryptocurrency into cash is through direct exchanges. These platforms bridge the gap between digital and fiat currency, offering a straightforward way to exchange your crypto for traditional money or other digital assets.
To get started, you’ll need to create an account on a trusted exchange, connect your cryptocurrency wallet, and execute a trade. Keep in mind, trading fees are part of the deal, and they vary from one platform to another. Hence, it pays to compare rates to snag the best deal.
Direct exchanges shine in their efficiency and speed, but they’re not without their nuances. The liquidity of your cryptocurrency—how easily it can be sold at a stable price—matters. Lesser-known cryptocurrencies might not sell as quickly or at the price you’re aiming for due to lower trading volumes.
Peer-to-Peer (P2P) Platforms
For those who prefer a more personal touch, P2P platforms offer a way to sell your cryptocurrency directly to buyers. This method puts you in the driver’s seat, allowing you to set your prices and terms.
Safety first: choose platforms known for their stringent verification and reputable systems to mitigate the risk of scams. For high-stake transactions, consider meeting the buyer in person, but always in a safe, public place.
P2P sales can potentially net you a better price and lower fees than what you’d find on traditional exchanges. The trade-off? It might take a bit longer to find the right buyer.
Cryptocurrency ATMs
If you’re nostalgic for the simplicity of traditional banking, cryptocurrency ATMs are your go-to. These machines convert your digital currency into cash, mimicking the ATM experience with a crypto twist.
Using a cryptocurrency ATM is straightforward: select the sell option, scan your wallet’s QR code, and deposit your cryptocurrency. Be mindful of the fees, which can be higher compared to other methods, but for the convenience, it might be worth it.
Online Payment Services
Stepping into the modern era, online payment services like PayPal and Venmo now offer options to buy, sell, and hold cryptocurrency. For miners looking to cash out, these platforms provide a seamless bridge to transfer your digital assets into fiat currency, which can then be transferred to your bank account or used for purchases. The convenience of integrating your crypto transactions with everyday finances makes this method appealing, especially for those who prioritize ease of use and quick access to their funds.
Convert to Stablecoins
Last but not least, an innovative way to cash out—or rather, put your mined cryptocurrency to work—is by converting it into stablecoins. Stablecoins are digital currencies pegged to a stable asset, like the US dollar, making them less volatile than typical cryptocurrencies. Many platforms allow you to earn by staking them on stablecoin holdings, often at rates higher than traditional bank savings accounts. This method not only provides a way to cash out indirectly but also continues to grow your earnings passively.
Wrapping Up
Cashing out mined cryptocurrency doesn’t have to be a headache. With the right strategy, you can efficiently convert your digital assets into real-world value, whether you prefer the straightforward approach of direct exchanges, the personal touch of P2P transactions, the familiarity of ATMs, the convenience of online payment services, or the innovative potential of earning interest on stablecoins. Each method has its pros and cons, but by understanding your options, you can choose the best way to enjoy the fruits of your mining labor.
For those keen on staying ahead in the mining technology race, don’t overlook the potential of advanced mining machines like the Nervos miners from BT-Miners. Maximizing your mining efficiency is the first step towards a more lucrative cash-out process.
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savvytechblog · 4 months
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Unleashing the Potential: Mining Helium Crypto with IoT Devices
In the rapidly evolving landscape of cryptocurrency, a unique opportunity has emerged for individuals to not only participate in the blockchain revolution but also earn rewards through mining. One exciting avenue gaining traction is the mining of Helium (HNT) cryptocurrency using Internet of Things (IoT) devices. Let’s delve into this innovative world of crypto mining with examples of popular…
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sweetypagli · 2 years
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New high-performance Bitmain Mining Machine MicroBT Whatsminer M50S Buy at the highest cheap price.
What is Bitcoin?
Bitcoin is the first decentralized digital currency that allows peer-to-peer transfers without intermediaries such as banks, governments, agents or brokers, using the underlying technology in blockchain. Anyone around the world on the network can transfer Bitcoins to another person on the network, regardless of geographic location; you just need to open an account on the Bitcoin network and have some Bitcoins in it and then you can transfer those Bitcoins. How do you get Bitcoins in your account? You can buy or extract them online.
Bitcoin can be used for online purchases or as an investment vehicle. It is mainly used to buy goods and services.
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Bitcoin Benefits
Compared to traditional fiat currencies, assets can be transferred faster on the bitcoin network. The system also has lower transaction costs because it is decentralized and there are no middlemen and it is cryptographically secure: sender and recipient identities are kept hidden and transactions cannot be falsified or hacked. In addition, all the information is available in a government finance book, so that everyone can see the transactions.
What is Bitcoin mining?
Bitcoin mining is the process of digitally validating Bitcoin transactions on the Bitcoin network and adding them to the blockchain ledger. This is done by solving complex cryptographic hash puzzles to verify updated transaction blocks on the blockchain's decentralized ledger. Solving these puzzles requires powerful computing power and advanced equipment. In exchange, miners are rewarded with Bitcoin, which is then put into circulation, hence the name Bitcoin mining.
As one of the leading mining hardware manufacturers in the industry, MicroBT launched its next-generation WhatsMiner M50 series at the Bitcoin 2022 event in Miami, USA on April 6.
Unlike other mining hardware manufacturers in the industry, MicroBT focuses on fully custom chip design and only provides Bitcoin mining hardware. Mining experts see this as a wise decision to avoid resource misallocation, and mining industry leaders see it as allegiance to Bitcoin.
This time, MicroBT has published the detailed details of its highly efficient and fifth generation mining hardware for air cooling and hydro cooling, namely WhatsMiner M50S, M50 and M53. According to the company, the WhatsMiner M50s is an ultra-low-voltage, energy-efficient, air-cooled Bitcoin mining hardware powered by a 5nm processor from semiconductor manufacturer Samsung with up to 15% greater efficiency than its last generation:
The new WhatsMiner M50S has a computing power of 126 Terahash/Second (TH/s) at 26 Joules per second. Terahash (J/TH) energy efficiency and operates at 3276 watts (W);
Its power efficiency is 15% higher than the previous innovative miner M30S++;
Another low power air cooling hardware called WhatsMiner M50 is also manufactured in 5nm process and became the upgraded version of M30S++:
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The new WhatsMiner M50s has a computing power of 114 TH/s with a power efficiency of 29 J/TH and runs at 3306 W. Its energy efficiency exceeds the previous M30S++ by 6% and the light by 1 kg;
The company has introduced the next generation of hydro-cooling mining hardware called WhatsMiner M53, which has a computing power of 240 TH/s with a power efficiency of 29 J/TH.
The WhatsMiner M50 series features the most advanced thermal architecture ever seen in the WhatsMiner series, allowing the system to run at higher power for longer periods of time, meaning MicroBT has found a way to hang on. MicroBT has also announced that the M50 series will be available for shipping starting in the third quarter of 2022, and orders can be submitted through the newly designed website https://microbt.tech/.
For more information visit
WhatsMiner website: www.https://microbt.tech/
Contact Us
801, Hangsheng Technology Building,
gaoxin South 6th Road,
Nanshan District, Shenzhen
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crazysodomite · 9 months
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it is so fucking embarassing when crypto traders portray themselves as 'miners'. like as miners in the mines with pickaxes. like as actual workers. are you fucking stupid?
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espytalks · 8 months
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ya know, the only reason i prioritize streaming services is cause i'm 99% out of the loop when it comes to alternative sites, and the one time i asked a friend about a torrent site i got a virus from it, so even though it's been like 8 years (i don't even talk to that friend anymore. he left this hellsite a few years ago) i'm still kinda scared of just going on to some rando site just cause i want to finish watching a show i never finished, ya know? At least i can feel pretty sure that if it's on an official site, its safe.
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obs1d1an-1 · 10 months
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there are those who want to control my sex toys remotely. I love to squirt everything related to bitcoin. for the most sophisticated connoisseurs, I will launch a stream. Let your fantasies go beyond the edge
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tw33dler · 1 year
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my graphics card drivers auto updated. lol would be nice if it was for real tho.. smh #fail #crypto #mining #cryptocurrency #miner #error #cryptocoin #wth https://www.instagram.com/p/Ckj6TlPLKVU/?igshid=NGJjMDIxMWI=
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hkcxsimon · 1 year
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⛏Daily ASIC Price:
———— —— USDT —— U/T
🇭🇰HongKong NEW Bitmain🇭🇰
S19 82T 💰 927 - 11.3
S19 86T 💰 1015 - 11.8
S19 jpro 96T 💰 1296 - 13.5
S19 jpro 100T 💰 1400 - 14.0
S19 jpro 104T 💰 1487 - 14.3
S19 pro 96T 💰 1248 - 13.0
S19 pro 100T 💰 1350 - 13.5
S19 pro 104T 💰 1400 - 14.0
S19 JPRO+ 118T 💰 1652 - 14.0
S19 JPRO+ 122T 💰 1708 - 14.0
S19 Hyd 145T 💰 3625 - 25.0
S19 Hyd 151T 💰 3775 - 25.0
S19 Hyd 158T 💰 3950 - 25.0
S19 Pro+ Hyd 177T 💰 3292 - 18.6
S19 Pro+ Hyd 184T 💰 3478 - 18.9
S19 Pro+ Hyd 191T 💰 3667 - 19.2
S19 Pro+ Hyd 198T 💰 3821 - 19.3
S19 XP 134T 💰 3819 - 28.5
S19 XP 141T 💰 4230 - 30
T19 145T 💰 3190 - 22.0
L1 4900M 💰 2900
L7 8550M 💰 6500
L7 8800M 💰 6600
L7 9050M 💰 7550
L7 9050M 💰 6800 mix hashrate
KA3 166T 💰 7950
D9 1770G 💰 7200
K7 63.5T 💰 6400
K7 58T 💰 5500
Z15 420K 💰 2300
E9 Pro 3680M 💰 2950
🇭🇰HongKong NEW Whatsminer🇭🇰
M30S+ 104t 💰 1414 - 13.6
M30S+ 106t 💰 1442 - 13.6
M30S++ 100t 💰 1280 - 12.8
M30S++ 102t 💰 1275 - 12.5
M30S++ 106t 💰 1410 - 13.3
M30S++ 108t 💰 1469 - 13.6
M30S++ 110t 💰 1595 - 14.5
M50 110t 💰 1738 - 15.8
M50 112t 💰 1770 - 15.8
M50 114t 💰 1824 - 16
M50 118t 💰 1888 - 16
M50 120t 💰 1920 - 16
🇷🇺Moscow🇷🇺
Z15 420K 💰 2864
Z15 320K 💰 2064
Z15 200K 💰 1364
M30s+ 94T 💰 1316
M50 114T 💰 2210
M50 112T 💰 2175
🇨🇳ShenZhen NEW Whatsminer🇨🇳
M30S++ 98/100/102t 💰 / - 12.8
M30S++ 104/106t 💰 / - 13.2
M50 110t 💰 1650 - 15
M50 112t 💰 1680 - 15
M50 114t 💰 1710 - 15
M50 118t 💰 1888 - 16
M50 120t 💰 1920 - 16
M50S 128t 💰 2790 - 21.8
M50S 130t 💰 2834 - 21.8
M30S 96T 💰 - 13.4
M30S 84/86T 💰 - 12.8
🇨🇳ShenZhen NEW Avalon🇨🇳
A1166pro 78t 💰 780 - 10
A1246 90t 💰 900 - 10
A1246 87t 💰 1044 - 12
A1346 104t 💰 1456 - 14
A1346 107t 💰 1498 - 14
🇨🇳ShenZhen🇨🇳
V1mini 130M 💰 270
V1mini 300m 💰 620
V1mini 330M 💰 660
V1mini se 400M 💰 960
K1 MAX 💰 1300
BM-K3 70T 💰 3300
L1 4900M 💰 3300
D10+ 5000M 💰 3200
N3 25T 💰 2200
📍Used Miners: We mainly sell used miners such as S19 series, M30 series, Т17+, Т3+, S17 etc.
📍GPUs: We mainly sell high-end GPUs of well-known brands, such as hot-selling models of 2060-2080, 3080-3090, etc.
📍Accessories: We sell power supply,control board,hashboard and other accessories for mainstream miner models.
@HKCX_Simon
WhatsApp:+86 13652396240
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viperallc · 2 months
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Bitcoin Bulls Power Through: Reclaiming $67K Amid Market Turbulence
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Bitcoin has rapidly bounced back from its sharp $10,000 drop, as wild volatility continues to test the mettle of traders. Despite the temporary plunge below $60,000, the latest trading data reveals a strong willingness among traders to bet anew on Bitcoin’s price exploration.
The Swift Recovery: Bitcoin Defies the Odds
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Whale Dynamics and Market Movements
Renowned Bitcoin enthusiast Hodlonaut shed light on the situation, emphasizing that the desire to own Bitcoin remained undiminished following the market shake-up. He likened the scenario to whales manipulating the market to prey on over-leveraged or less informed traders. CoinGlass data supported this narrative, revealing that the drop to nearly $59,300 on Bitstamp led to a staggering $1.17 billion in cross-crypto liquidations, predominantly affecting long positions.
Market Structure Resets: A Silver Lining
The tumultuous market conditions prompted a reassessment of funding rates across exchanges, leading to what many saw as a much-needed reset from previously unsustainable levels. The open interest narrative echoed this sentiment, showcasing a rebound in line with Bitcoin’s price recovery after an initial significant drop.
Strategic Whale Moves and Trader Behavior
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Analysts’ Perspective: Healthy Consolidation Ahead?
As the market continues to digest these movements, comparisons with Bitcoin’s late 2020 behavior, when it broke past previous all-time highs only to face a retracement, remain topical. This historical parallel offers a glimpse into potential future trajectories for BTC’s price, suggesting that current corrections might simply pave the way for healthier consolidation.
The Big Picture: What This Means for Bitcoin’s Future
The recent market events underscore the complex interplay between whale activities, trader sentiment, and underlying market structures. These dynamics, while challenging, also highlight the resilience of Bitcoin and its community. As traders navigate these turbulent waters, the strategic positioning and recalibration of expectations suggest a cautious optimism for Bitcoin’s price trajectory.
In conclusion, Bitcoin’s journey is far from linear, marked by swift recoveries, strategic whale movements, and ongoing market recalibrations. As the cryptocurrency ecosystem continues to evolve, these events offer invaluable lessons on the resilience of Bitcoin and the importance of strategic, informed trading practices. The bulls have indeed charged through, but the road ahead remains as dynamic and unpredictable as ever.
FAQs
What caused Bitcoin’s recent price correction?
The correction was a result of combined factors including market volatility, whale movements, and over-leveraged positions being liquidated.
How do whale movements affect Bitcoin’s price?
Whales can significantly impact Bitcoin’s price by creating large buy or sell walls, influencing the market’s direction and potentially triggering liquidations.
Is a price correction a bad sign for Bitcoin?
Not necessarily. Many analysts view corrections as healthy consolidations that allow the market to stabilize before the next move upwards.
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n-x-black · 1 year
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reminder to use peer to peer software
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i tag posts i make with “mine” to make them easier to find later, and i’m always concerned there’s a mining side of Tumblr that hates me because i’m clogging up their mine tag with my rambles.
This is my formal apology to the miners. 
Miners, i am sorry. I don’t want to pollute your beautiful mines with my thoughts. I hope that i’ve not caused too great a disturbance. 
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getmntd · 2 years
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stevenobrion · 2 days
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Get Crypto in Minutes - 1M+ BTC supplied
BitcoinCashTransfer (BCHT) is the most trusted, regulated and only crypto mining fund supplier in the world at this moment. BCHT is the only non-profit confidential organization to supply tons of Bitcoins and Ethereum. For entrepreneurs and investors, have only real-time option is BCHT.
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crypto-tyron · 12 days
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purpleballoonkoala · 18 days
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Bitmain Antminer C20 to 2x C13 splitter power cord for connecting Bitcoin miners to PDU to share one AC power input, suitable for the Bitmain Antminer 17, 19 series, and the latest miner. The outer cover of the power cord is made of flame-retardant PVC material, which is soft and resistant to bending. And the inner wall is added with a fire-resistant coating, which has better flame-retardant performance and has the characteristics of small resistance, a current solid load.
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