Author

Topic: What Does the miner do the whole time? (Read 308 times)

legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
December 16, 2021, 05:02:55 PM
#7
The only workable  solution is Solar panels as sunlight duration during all weathers is more than 10 Hrs/day which is quite sufficient . Solar system  need one time huge investment but it will continue supplying electricity at zero dollar cost for many decades.

10 hours of peak sun hours is just impossible regardless of where you live, but then if even if we were to go with the assumption that you do get 10 hours, what happens in the remaining 14 hours? if your miner sits idle it will never ROI, so you still need to pull from the grid, mining solar is pretty much useless unless you it has tax benefits of some kind like how things are with our friend phill, but just go and buy a few panels to mine bitcoin won't work.

Mining with solar successfully needs a grid tie in.

  Ie you mine say 10Kwatts an hour or 24 x 10 = 240 kwatts

you net meter with the power company = WTF

simple you produce say 50kwatt an hour for 5-6 hours (seems wrong it is not wrong to use those factors). that is 240kwatts to 300kwatts a day

so when the solar works and you have a 50kwatt setup you burn 10 kwatts net meter the other 40kwatts.

or 240-300 a day solar made

and 240 mining burned means you are at 0 to 60 kwatts net free power a day.

to build a 50kwatt setup you need 400watts  x 125 panels  = 50000

that means $$$. and a lot of roof space.

Most homes do 15 to 25 panels and use 300 watt panels or 7500 watts to 10000 watts

which is about 50kwatts a day divide by 24 = 2.08 kwatts 24/7 that is  single s17 set at 2000 watts.
legendary
Activity: 2170
Merit: 6279
be constructive or S.T.F.U
December 16, 2021, 04:53:24 PM
#6
The only workable  solution is Solar panels as sunlight duration during all weathers is more than 10 Hrs/day which is quite sufficient . Solar system  need one time huge investment but it will continue supplying electricity at zero dollar cost for many decades.

10 hours of peak sun hours is just impossible regardless of where you live, but then if even if we were to go with the assumption that you do get 10 hours, what happens in the remaining 14 hours? if your miner sits idle it will never ROI, so you still need to pull from the grid, mining solar is pretty much useless unless you it has tax benefits of some kind like how things are with our friend phill, but just go and buy a few panels to mine bitcoin won't work.
legendary
Activity: 3612
Merit: 2506
Evil beware: We have waffles!
December 15, 2021, 11:11:19 AM
#5
Hi, I am new to bitcoin mining and am trying to understand several concepts that I have not been able to find in internet.
I have an Antminer S7 and have set up a pool. the pool is finding a couple of blocks a day, so I would like to understand what my miner is doing when it is working? is it always creating hashes to try to resolve the BTC blocks that are generated each 10 minutes? or it splits is time between creating hashes to solve new blocks and validate the already solved blocks?
Just checkout the Help section at KanoPool for full details on what is happening. Here is a good start on that
member
Activity: 396
Merit: 30
December 15, 2021, 01:48:36 AM
#4
The miner will have to look after the whole system if he is working in a hot region if they are going to heat up.It is better for miners to plant their system in cold weather or snowy region where we do have not to face processor heating up problems. More is that you have to solve blocks that you are connecting in a mining pool. you have to confirm valid transactions that your miner hashing away.
hero member
Activity: 966
Merit: 513
December 06, 2017, 12:35:01 PM
#3
Hi, I am new to bitcoin mining and am trying to understand several concepts that I have not been able to find in internet.
I have an Antminer S7 and have set up a pool. the pool is finding a couple of blocks a day, so I would like to understand what my miner is doing when it is working? is it always creating hashes to try to resolve the BTC blocks that are generated each 10 minutes? or it splits is time between creating hashes to solve new blocks and validate the already solved blocks?


It is always trying to solve the blocks which you connected with the mining pool. Your bat file will show you mined blocks and then hashes will be used to solve the blocks that is how every miner hardware doing its work.
When the heating is increased your temperature meter will give you the way to understand that you have to reset when it reaches to high temperature. This is only you have to do from your apart from managing the miner set up.
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
December 06, 2017, 11:35:05 AM
#2
Solving a block validates the transactions inside it.  Your miner is hashing away trying to solve a block which will then confirm all the transactions within.  There is no splitting of time or anything like that.
Mine On!  Cool
newbie
Activity: 3
Merit: 0
December 06, 2017, 10:51:29 AM
#1
Hi, I am new to bitcoin mining and am trying to understand several concepts that I have not been able to find in internet.
I have an Antminer S7 and have set up a pool. the pool is finding a couple of blocks a day, so I would like to understand what my miner is doing when it is working? is it always creating hashes to try to resolve the BTC blocks that are generated each 10 minutes? or it splits is time between creating hashes to solve new blocks and validate the already solved blocks?
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