I've done the math. To get a level one bitcoin rig from where I am now by buying off of the flea market it would cost ₽10.3 million and would take one month to pay off.
DOJ investigating whether Tether was used to prop up Bitcoin
U.S. case part of broader review of possible coin manipulation
As Bitcoin plunges, the U.S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether -- a popular but controversial digital token. While federal prosecutors opened a broad criminal probe into cryptocurrencies months ago, they’ve recently homed in on suspicions that a tangled web involving Bitcoin, Tether and crypto exchange Bitfinex might have been used to illegally move prices, said three people familiar with the matter.
Using a Bitcoin Rig for hash cracking? JtR /Hashcat /pdfcrack
What sort of specifications would be needed to get some decent results? Would primarily need to be a brute force attack method as it would be for PDF password as well as anything else that pops up. I’m getting some decent results with CAD computer with up to ~6 characters long including lower and upper case and numbers, but further than that starts taking days, and I don’t know the length of the passwords
Bloomberg: Bitcoin-Rigging Criminal Probe Focused on Tie to Tether - DOJ investigating whether Tether was used to prop up Bitcoin
Worth noting that Brock Pierce is involved with Tether and he is also involved with the Clinton Foundation. Bloomberg is reporting that:
DOJ investigating whether Tether was used to prop up Bitcoin
U.S. case part of broader review of possible coin manipulation
As Bitcoin plunges, the U.S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether -- a popular but controversial digital token. While federal prosecutors opened a broad criminal probe into cryptocurrencies months ago, they’ve recently homed in on suspicions that a tangled web involving Bitcoin, Tether and crypto exchange Bitfinex might have been used to illegally move prices, said three people familiar with the matter.
Let's say that eth becomes the dominant crypto in a few years, can all these mining farms switch from one coin to another without changing hardware? Thanks in advance.
I am sitting in my office and running a little space heater that puts out 1500 watts of heat. If I understand the rules correctly, it would be just as efficient from a electrical/heat standpoint to have a bitcoin rig burning 1500 watts. But you also get the benefit of the mining. People often point out that you don't even break even on electricity when running a bitcoin rig, but what if you're going to be using that electricity anyway for heat? Would it make sense to put a rig in my office and use the electricity for both heat and mining?
what else could you do with a bitcoin mining rig? now that they aren't realy profitable say I could get a Antminer U2 or a Antminer S3 for cheep. Could I use the computing power for simulations like weather and nuke strikes, or encryption breaking? With the some miners being usb could i make it to give my laptop or computer extra speed, like using a ReadyBoost?
Mining rigs like these maintain the Bitcoin network. Image: Shutterstock. It added that the chips are efficient in terms of energy consumption, but there is a potential for “serious problems” to occur given their size, alongside little guarantee if they could indeed perform to the level of current products. This guide identifies the best crypto mining rigs you can use to successfully mine digital currencies. Trusted by over 100,000 blockchain investors. Menu. Blockchain Investing ... During the big bitcoin gold rush of late 2017, bitcoin and altcoin miners were making bank and mining hardware providers were barely able to keep up with demand. 20 Insane Bitcoin Mining Rigs By Ofir Beigel Last updated on July 28, 2019 at 14:44 5 Comments You already had the chance to see how Bitcoin miners take their “job” seriously in this post , when we wrote about the Frankenstein-like computers experts and amateurs were building in order to create digital currency. Ethash Still Accessible to Home-Based Mining Rigs. In 2020, the Ethash algorithm is still amenable to home-based mining, and it is possible to build a rig and compete for block rewards.. An Ethereum mining rig is best built using GPU. Currently, there are specialized rigs with about 200 million hashes per second. ASICMiner Block Erupters BFGminer CGMiner Custom Bitcoin Rigs How to setup block erupters with BFGMiner USB Bitcoin Miner Which USB Hub to use with Block Erupters Best USB hub to use with the ASICMiner Block Erupters Update: 10.4.2013 With the recent huge drop in Block Erupter price, we decided to add 200 erupters to our own mining farm.
The virtual goldrush to mine Bitcoin and other cryptocurrencies leads us to Central Washington state where a Bitcoin mine generates roughly $70,000 a day min... Learn how to mine your very own Cryptocurrency! In the video, we go over the tech you will need and how to put all the pieces together. There's many ways to ... I had the opportunity to sit down with one of the partners invested in an $80,000 mining rig pulling in $6,000 -$8,000 per month. Hopefully, these answers wi... http://bitcoinrigs.org - Building a 57 GH/s Bitcoin mining rig using just ASICMiner's Block Erupter USB Bitcoin Miner. Get $5 off Block Erupters with coupon ... This video is a step by step guide on how to build your first Mining Rig. This video also gives you an understanding of the best GPUs for mining in 2020 and ...
