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Topic: ASIC :: the mining business {a coin}🔥{a decentralized company}🔥{a network} - page 6. (Read 25685 times)

legendary
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legendary
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legendary
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the FUTURE

Proof of stake buy the coin from the exchange, transfer to personal wallet and let Stake, Easy and done.

Proof of Work ,
1. Buy a warehouse
2. Spend 1 million dollars buying ASICS
3. Spend thousand of dollars on electricity & IT Support Staff
4. Setup Website and system so others can buy shares into your BTC mining operation, because you make more money from the suckers that buy cloud mining than you do from mining BTC itself.
(If that does not make a lightbulb in your head Light up, well there's no hope for you.)
5. Pray for a Miracle , so the next halving does not end your Business models , because you can't afford to keep upgrading the ASICS  Tongue


There is no Proof of Stake coin, that I cannot enter at this point in time.

You could not enter the BTC mining for less than ~1 million bucks.


this is what ... common sense?

the current BTC model is exactly as kiklo states above:

mine (HODL)
pump/dump get $
buy the newest ASIC tech, expand dominance in #/blocks earned/day
pray and hope your multimillion$ mine farm out survives the competition for the next hype cycle
[repeat]

and we are at the Nth stage, you can only compete in China or Iceland or Washington St. (read cheapest cost to run and cool your peta flops on EARTH) ... it ... is ... DONE ... unless someone discovers bigger rivers to dam ... end game is here

SMART money is jumping onto the NXT 2.0 train out of Satoshi Town
BTC mining is going to go thru a very bloody consolidation of profitable operations (some time in the next 8 years)
The market will dump, as it was designed, redistribute, and accumulate into the hands of fools silly enough to grab at a $7B knife falling.

---
the likely evolution is for ASIC to operate co-currently as a mine and supercomputer
so ETH but with partitioning and ASIC P/H power!

the engines powering BTC will burn out (else need to seriously be reduced in operating costs)
if the eggheads must have a $1M/day hashing machine ... they better act fast and invent their own ETH
legendary
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legendary
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legendary
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Pool 1
LGBTQoin Official Pool
Provider: LGBTQoin

Pool 2
Provider: WMikrut Multipool

Pool 3
Provider: iSpace Mining Pools

Pool 4
Provider: ZPool Multipool
legendary
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legendary
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GROW https://bitcointalksearch.org/topic/anngrow-growcoin-1448069
pool
https://grow.suprnova.cc/

    Pool Hash: 293.09 TH/s
    Pool Workers: 25
    Net Hash: 449.09 TH/s


legendary
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klintay >> [IN-STOCK] Professional Eyeboot 49 Port USB Hubs [$150 usd]
https://bitcointalksearch.org/topic/in-stock-professional-eyeboot-49-port-usb-hubs-150-usd-528371
http://www.eyeboot.com/

Just got my 49 port hub in and hooked up. Klintay had great communication and sent me the tracking number promptly. He even followed up to make sure I received it. I'm happy with both klintay's service and the hub itself, which feels very solid and works as expected. So if anyone is looking for a USB hub with a large number of ports to connect many Gridseed ASICs with, this is an excellent choice.

The hub:


Fits neatly on the bottom row next to the power supply:


It completely replaced this mess of wires!


I am reposting the pics for gsupp as the original links are broken and they are friggin awesome pictures. Enjoy  Grin








legendary
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New Multi-Coin Mining Pool  ⚒ MineBlocks ⚒

http://mineblocks.no-ip.org:2627/

Coins Listed

Scrypt

AntiLitecoin
BitcoinScrypt
BlazeCoin
EthereunScrypt
ExperienceCoin
IsraCoin
LootCoin
MineCoin
MoonCoin
PesetaCoin
Valorbit
BeardDollars
BeaverCoin
BlazeCoin
DevilCoin
Flexon
OmniCoin
1Credit
AmigaCoin

 

Sha256

YouCoin
UniCoin
Revenu
RoxoCoin
XavierCoin
legendary
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legendary
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What in the world are you trying to do exactly?

1. Good Question.
2. Not exactly sure but the rough idea is:
   Create a hub for SHA, Scrypt, and x11 pool ops and miners
   all this gets managed by ASIC a coin and eventually someday some how becomes a DAC
legendary
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https://miningpoolhub.com/
    Adzcoin
    Aricoin
    Bitcoin
    Checkcoin
    Crevacoin
    Dash
    Digibyte (Groestl)
    Digibyte (Qubit)
    Digibyte (Skein)
    Digitalcoin (X11)
    Execoin
    Ethereum
    Fractalcoin
    Feathercoin
    Geocoin
    Givecoin
    Groestlcoin
    Influx
    Litecoin
    Maxcoin
    Monetaryunit
    Myriadcoin (Groestl)
    Myriadcoin (Qubit)
    Myriadcoin (Skein)
    Netcoin
    Phoenixcoin
    Potcoin
    Quark
    Securecoin
    Sexcoin
    Smartcoin
    Solarcoin
    Startcoin
    Sterlingcoin
    Ufocoin
    Uro
    Vcash
    Vertcoin
    Verge
legendary
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https://www2.coinmine.pl/
AsicCoin Pool
BottleCaps Pool
X-Children Pool
Darkcoin Pool
Frozen Pool
GroestlCoin Pool
Nibble Pool
NovaCoin Pool
PeerCoin Pool
Particle Pool
QuarkCoin Pool
SkeinCoin Pool
SecureCoin Pool
Unobtanium Pool
UroCoin Pool
VertCoin Pool
WorldCoin Pool
JouleCoin Pool
YaCoin Pool
ZetaCoin Pool   
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