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Topic: [GUIDE] NEW TECHNIQUE FOR MINING BITCOIN 2019 - PART II (Read 321 times)

legendary
Activity: 1778
Merit: 1009
Degen in the Space
Bitcoin Mining update:


I think this is related to the coronavirus that's spreading around the world. When I read the statement loses mining support, Ang una kong naisip ang China dahil karamihan sa mga miners ng Bitcoin ay galing sa kanila at alam naman natin na sobrang apektado ang bitcoin business don sa main land ng china.

Expect more downfall in bitcoin on future days.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
bump this thread (thanks for the consideration moderator)

This is part II of the bitcoin mining guide that was created by me. Kaya ang na-bump ko dahil ang Part I nito ay tungkol sa lumang proseso para makapag-mining na kung saan ay gumagamit ng GPU. Ngayon kasi ay ASICs na ang ginagamit na pang-mina.

Ang unang thread ay may mga diskusyon din na importante na kung profitable pa ba magsimula ng ganitong business or hindi na.

Ito ang part I ng Bitcoin mining guide na ginawa ko last year, [GUIDE] PAANO MAGMINA NG BITCOIN?Huh - Building Mining Rigs. Panigurado ako na marami kayong malalaman sa thread na ito lalo sa mga bago na gustong malaman ang tungkol sa bitcoin mining.
I hope this helps you on your journey in bitcointalk!
legendary
Activity: 1778
Merit: 1009
Degen in the Space

PART II


Panimula

Kung nagtataka kayo kung bakit may panibago na namang guide for bitcoin mining is because may bagong updated device na kailangan for bitcoin mining. Hindi na kasi pwede ang GPU/CPU for mining bitcoin so basically non-sense na rin ang pagtatayo ng mining business using GPU.

I already have a guide na kung saan ay malalaman niyo yung pamamaraan on how they mine bitcoin. If hindi niyo pa gets kung paano nga ba ang proseso sa bitcoin mining ay mas better na basahin niyo muna ito kung interesado kayo malaman lahat: [GUIDE] PAANO MAGMINA NG BITCOIN?Huh - Building Mining Rigs. This topic was created on July 30, 2019, almost mag 1 year na rin and ngayon I would like to share this information para kapag may kakilala kayong gustong pasukin yung mining business, you can share this thread para aware sila.

Two Ways of Mining

GPU/CPU

Syempre ang unang unang paraang para makapagmina which is discussed here ay ang GPU/CPU na madalas ring gamiting for business dito sa ating bansa.

Basic information:
Ano ba ang CPU?

Central Processing Unit -  is the electronic circuitry within a computer that carries out the instructions of a computer program by performing the basic arithmetic, logical, control and input/output (I/O) operations specified by the instructions.

For short, ang CPU ang dahilan kung bakit tayo nakakapag-run ng programs.  Roll Eyes

Ano ba ang GPU?

A graphics processing unit (GPU) is a specialized electronic circuit designed to rapidly manipulate and alter memory to accelerate the creation of images in a frame buffer intended for output to a display device.

So ang GPU ay mas mabilis at mas magandang gamitin for mining dahil mas mabilis ito magperform ng algorithms para makapag generate ka ng bitcoins.

ASICs

Application Specific Integrated Circuits or ASICs

Ito ang pinaka main topic natin which is hindi pa ako nakakapag bigay ng simple information about dito dahil nag-focus tayo sa GPU/CPU. Ang ASIC miner ay ginagamit din siya pang-mine ng bitcoin katulad ng GPU. Ang ASIC ay similar lang din naman sa GPU/CPU that consist of integrated circuits that gives appropriate hash rate para makapagmina.

Sa katunayan, Ang pagmimina ay intended talagang ginagawa sa computers at bigla nalang lumabas 'tong ASICs. ASIC are called bitcoin generators dahil hindi naman sila computer pero they have motherboard and power supply. Ang GPU kasi they compute algorithms kaya naconsider siyang pang-mina kasi nagcocompute siya at nakakakuha ng bitcoin. Kaya kung mapapansin niyo mas maganda ang graphics ng isang computer kapag mas mataas ang GPU diba? because they computer faster. Ang ASICs naman ay computing device din which gives a better performance kaya mas prefer nila ang ASICs kaysa sa GPU.

Types of ASICs
Quote
1. Compact miners, or USB-stick (USB ASIC Miner). They are designed for “pocket” cryptocurrency mining at home. Their main features are simple connection to a PC via a USB port and small size. Most popular are GekkoScience 2PAC BM1384, Bitcoin Miner USB Block Erupter, Bitmain Antrouter R1-LTC, FutureBit MoonLander 2 and others. Such devices are not very powerful and can be used in the beginning when you need some practice before getting involved in mining. These devices cost about $100.

2. ASICs for home mining. Devices with average characteristics. As a rule, they consume approximately 600–800 watts. In this case, the body and other parts are made of less quality materials than for professional devices. The hashrate of this type of equipment also shows average performance. Most popular are Antminer L3 ++, Innosilicon A4 + LTCMaster, Baikal-X and others.

3. Professional ASICs. Equipped with built-in power units of more than a kilowatt capacity and first-class cooling systems. Such devices demonstrate the best performance and energy efficiency. However, you should also take into account the payback period, where the power consumption must be also considered. For example, at a power of 1kW, the monthly consumption of one device will be 720kW (1x24x30). At an electricity rate of 0.06 cents for kW per month, you will have to pay about $ 43 (or $ 520 a year) in case of one running device .

https://medium.com/@bixbit.official/best-asics-for-mining-in-2018-2019-advantages-and-disadvantages-228ede82e7e4

If you are familiar with Antminer S9, isa siya sa mga ASICs. Madalas mabanggit yon sa Mining Section kasi siya yung mas efficient gamitin for bitcoin mining.


whattomine

I would like to share this site naman for verifying kung ano ang mas efficient minahin. Andito lahat nakalagay ang different altcoins and especially bitcoin at makikita mo kung profitable bang minahan yung currency na yon. It will easily calculate and give you estimated information para magbigay sayo ng idea especially sa mga gusto mag mining business.  







I hope this helps sa mga nagbabalak pumasok sa larangan ng mining business. If you really are interested, you should ask an expert dito para makapagbigay pa sayo lalo ng magandang perspective sa papasukin mo. Have a good day everyone!

-finaleshot2016
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