Topic: Who is producing bitcoin now, please? - page 2. (Read 569 times)
China is known as the world's factory so it makes sense for them to produce most of the bitcoin. If they band together they could be the ones manipulating the market with these dumps
maybe the one producing bitcoin is the hardware mining industry,I think before they launch a new product to the public they certainly use it. with the hashrate that continues to rise they certainly develop mining hardware that has more powerful power. but, buying a hash is not something that is good to do because it will end in a scam
I appreciate every answer that you gave me. I understand that now 25% of the Bitcoin procuction is of unknown origin.
https://www.blockchain.com/pools
The same, I understand that 81% of Bitcoin is produced now in China.
https://www.buybitcoinworldwide.com/mining/pools/
As I said the Chinese people is one of the oldest and wisest in this world. They have taught me many good things.
https://www.blockchain.com/pools
The same, I understand that 81% of Bitcoin is produced now in China.
https://www.buybitcoinworldwide.com/mining/pools/
As I said the Chinese people is one of the oldest and wisest in this world. They have taught me many good things.
For what I remember, "unknowns miners" are not nothing new.
Chinese have these large mining equipment for several reason...
yes cloud mining is a scam, or just a waste of time. It's not profitable since 2013!
I don't know who produced the biggest one, but in my opinion it's better you produce it yourself and I think it's better to use it
Bitcoin is produced by miners and most of them are organized in big pools who work together. You can find many websites who sell hash power but most of them are scam or they last only for a very short time and then run away with your money. I think there is the possibility of finding a trusted website which sells hash power but the profit will be very little and it would take a very long time to recover your money back
3 weeks ago I visited the Hashnest website to verify if the Ant S12 miners have appeared (I read about them on the internet). There were no Ant S12 and the production of the Bitcoin with Ant S9 was stopped because the maintenance/payout was 140%.
Today when I verified Hashnest, the Bitcoin production is gone (What remained is the LTC hash power market, the LTC miners have been sold).
Is there someone here to tell me who remains the biggest Bitcoin producer, today? Who is producing bitcoin now, please? If I want to buy Hash power where do I have to go (what website)?
Today when I verified Hashnest, the Bitcoin production is gone (What remained is the LTC hash power market, the LTC miners have been sold).
Is there someone here to tell me who remains the biggest Bitcoin producer, today? Who is producing bitcoin now, please? If I want to buy Hash power where do I have to go (what website)?
It seems to me from all the comments that I've read
It advises against entering cloud mining for many reasons
If you want to enter the mining field
Make your own device if the cost of energy in your country is appropriate.
If I want to buy Hash power where do I have to go (what website)?
don't do it. cloud mining is not worth your time. your investment will return (if it ever will) after years or months, and after that the profit is quite minimal. build your own rig and mine on your own, or join a mining pool.
It wrong to think that miners are the producer's of bitcoin, because from the little knowledge I have about bitcoin is that we have 21 millions bitcoin in circulation and what the ninners does is to hash bitcoin transactions so with my little knowledge about bitcoin mining I know the miner's are not producing bitcoin.
If I want to buy Hash power where do I have to go (what website)?
don't do it. cloud mining is not worth your time. your investment will return (if it ever will) after years or months, and after that the profit is quite minimal. build your own rig and mine on your own, or join a mining pool.
It is better to put your money into trading rather than investing in cloud mining. I humbly suggest not to buy a hashrate on any websites. It is not worth for your money it will take forever to be able to reach your ROI if it is a legit one. Most of them a Ponzi scheme.
I appreciate every answer that you gave me. I understand that now 25% of the Bitcoin procuction is of unknown origin.
https://www.blockchain.com/pools
The same, I understand that 81% of Bitcoin is produced now in China.
https://www.buybitcoinworldwide.com/mining/pools/
As I said the Chinese people is one of the oldest and wisest in this world. They have taught me many good things.
https://www.blockchain.com/pools
The same, I understand that 81% of Bitcoin is produced now in China.
https://www.buybitcoinworldwide.com/mining/pools/
As I said the Chinese people is one of the oldest and wisest in this world. They have taught me many good things.
3 weeks ago I visited the Hashnest website to verify if the Ant S12 miners have appeared (I read about them on the internet). There were no Ant S12 and the production of the Bitcoin with Ant S9 was stopped because the maintenance/payout was 140%.
Today when I verified Hashnest, the Bitcoin production is gone (What remained is the LTC hash power market, the LTC miners have been sold).
Is there someone here to tell me who remains the biggest Bitcoin producer, today? Who is producing bitcoin now, please? If I want to buy Hash power where do I have to go (what website)?
Today when I verified Hashnest, the Bitcoin production is gone (What remained is the LTC hash power market, the LTC miners have been sold).
Is there someone here to tell me who remains the biggest Bitcoin producer, today? Who is producing bitcoin now, please? If I want to buy Hash power where do I have to go (what website)?
Ew, you don't want to go into cloud mining right now... You will most likely not profit!
There is only special and specific times when buying cloud mining pays... Now is definitly not the time.
2nd: The only way to profit is to buy contracts with cash directly... using crypto to buy contracts is a waste.
All in all - Your much better off just buying the crypto directly and just holding. Don't go through the cloud mining rabbit hole, it leads no-where
I do not know very much about mining. But miners are not producers of bitcoin. The confirm transactions and get rewarded for completed blocks. I believe ASICS are the current mining system.
You would get clearer answers from more experienced members or you can do a bit of research online
Technically, Miners are the one who produce newly Bitcoin by getting the block reward even for a fraction it, it just that the OP used the word 'producing' rather than 'mining/mines'You would get clearer answers from more experienced members or you can do a bit of research online
All of the mining hardware that the OP mentioned is an ASICs though.
I don't understand the problem about holding bitcoin now, what's more for me bitcoin has a lot of investors
This forum has a sub-section called Mining (https://bitcointalk.org/index.php?board=14.0), you should try there.
Is there someone here to tell me who remains the biggest Bitcoin producer, today? Who is producing bitcoin now, please? If I want to buy Hash power where do I have to go (what website)?
Most hash power (some say over 81%) is located in China, so mining pools are located there, and because of this fact we can certainly say that China is mining most of new bitcoin today. To join one of these mining pools, you need to buy mining hardware and then pick one which best suits your needs.
Stay away from any cloud mining or similar things, it is not worth the money and time - and you're likely to lose everything.
Get more info here : Bitcoin Mining Pools
Eh, you're most likely referring to highly unreliable cloud mining services that would net you nothing in the long run. I suggest you not to do it and just place your money elsewhere as you have no hopes of making it big or even a small profit in cloud mining services. As for your question though, there aren't any cloud mining services I know that are really legitimate, as some are just serious money grabs that won't even make an effort in scamming. Since the hack that happened on hashnest, I seriously wouldn't entrust my funds to them ever again.
If I want to buy Hash power where do I have to go (what website)?
don't do it. cloud mining is not worth your time. your investment will return (if it ever will) after years or months, and after that the profit is quite minimal. build your own rig and mine on your own, or join a mining pool.
3 weeks ago I visited the Hashnest website to verify if the Ant S12 miners have appeared (I read about them on the internet). There were no Ant S12 and the production of the Bitcoin with Ant S9 was stopped because the maintenance/payout was 140%.
Today when I verified Hashnest, the Bitcoin production is gone (What remained is the LTC hash power market, the LTC miners have been sold).
Is there someone here to tell me who remains the biggest Bitcoin producer, today? Who is producing bitcoin now, please? If I want to buy Hash power where do I have to go (what website)?
Today when I verified Hashnest, the Bitcoin production is gone (What remained is the LTC hash power market, the LTC miners have been sold).
Is there someone here to tell me who remains the biggest Bitcoin producer, today? Who is producing bitcoin now, please? If I want to buy Hash power where do I have to go (what website)?
https://www.blockchain.com/pools
I don't know if it's really profitable buy hashrate online due several factors.
Plus all cloud miner are just scam.
ps: mining section, for this and other questions related to mining is here: https://bitcointalk.org/index.php?board=14.0
I do not know very much about mining. But miners are not producers of bitcoin. The confirm transactions and get rewarded for completed blocks. I believe ASICS are the current mining system.
You would get clearer answers from more experienced members or you can do a bit of research online
You would get clearer answers from more experienced members or you can do a bit of research online
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