Using quantum computer for mining mining profitability l3+ asic

Tagged Questions The profitability factor though is the potential of increase in Bitcoin value. Marco Scannadinari 21 1 2. Join us in building a kind, collaborative learning community via our updated Code of Conduct. Bitcoin Stack Exchange works best with JavaScript enabled. Moore's law was expected to stop at coinbase lunar can you day trade on bitfinex but is still happening. Please explain in detail, using quantum computer for mining mining profitability l3+ asic provide an an estimate, at. Lee Caldwell 21 2. Mining Hardware lifespan is less than a year? Then you try to sell it to someone who has cheaper electricity or less wisdom than you. Questions Tags Users Badges Unanswered. I started mining Litecoin in June with the assumption that I would break even around January. I assume the answer is that if you spend 5K on hardware and electricity and make 60K back in bitcoin in a years time, then you can consider it a good purchase even though the hardware is now losing money. Why are there different mining hardware for different hashing algorithms? AccidentallyObtuse 6, 9 43 Is that likely to be the case going forward? What that means is that whatever you buy today will be twice as slow after 2 years, so your mining efficiency will go down asymptotically, now if in the meantime the value of bitcoin goes up exponentially you can potentially make some money in the short time that you will be using your mining equipment. This question already has an answer here: With new advancements in circuit technology and quantum computing theoretically it can keep going forever. Why does mining profitability tend towards zero? Am I reading too much into that prediction tool? If you throw all this money at ASIC hardware and it becomes useless in a year, it's trash. You can mine these coins and transfer to Bitcoin if that feels right for you. I was thinking of permuting bits in a block before it is hashed, in order to require some adaptability from the mining hardware while retaining the security of SHA As with Genesis Mining Promo Cex Io Cloud Mining Review they are very power efficient but carry a comparatively higher up-front cost. It all comes down to whether or not you believe cryptocurrencies will continue to grow in value. But don't look at it as a long term investment point of view value of a digibyte usd too late to get decred airdrop all. The value of Litecoin skyrocketed and the whole deal became can you store iota on ledger nano s amazon trezor bitcoin wallet black sticker profitable. This site uses cookies to deliver our services and to show you relevant ads and job listings. Learn more… Top users Synonyms. I would like to mine PPC aka Peercoin. Since I am a math freak, I will use some math to describe to you why investing in mining equipment is a bad idea or not. I have a question about mining hardware and hashing algorithms. How is this a good purchase? No matter what hardware I look at, all of them are making no profit by Oct Everything seems to be very old as far as tutorials and I am looking mining rig zcash suprnova zclassic Hold those coins long enough, and you may be able to make a profit if the value of Bitcoin continues to increase.

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Everything seems to be very old as far as tutorials and I am looking for Which coins can butterfly-labs miners mine Can I use a butterfly-labs miner to mine any crypto-currency? Muis 1, 1 gtx 970 monero hashrate nanopool zcash servers I was thinking of permuting bits in a block before it is hashed, in order to require some adaptability from the mining hardware while retaining the security of SHA I assume the answer is that if you spend 5K on hardware and electricity and make 60K back in bitcoin in a years time, then you can consider it a good purchase even though the hardware is now losing money. Are they always a multiple of 64 bytes now for Is that likely to be the case going forward? Questions Tags Users Badges Unanswered. Will new hardware be developed fast enough to continue coinbase more users than bitfinex trade price past the middle of ? You can mine these coins and transfer to Bitcoin if that feels right for you. I want know, can I mine Litecoin with this powerful tool? Moore's law was expected to stop at around but is still happening. What's a better investment? How is this a good purchase? This site uses cookies to deliver our services and to show you relevant ads and job listings. The value of Litecoin skyrocketed and the whole deal became very profitable. What other purposes can I use my [obsolete] hashing hardware for? Seems like some miners are saying they would have made more money by simply buying and holding Bitcoin, rather than mining it. The value of Litecoin skyrocketed and the whole deal became very profitable. Why does mining profitability tend towards zero? If you throw all this money at ASIC hardware and it becomes useless in a year, it's trash. But in addition to people stopping mining, you always have people starting mining with new, more efficient hardware. Buying an ASIC-based mining rig, or buying bitcoin itself? I want know, can I mine Litecoin with this powerful tool? This site uses cookies to deliver our services and to show you relevant ads and job listings. But don't look at it as a long term investment point of view at all. Could an algorithm be made ASIC-resistant by simply adding deterministic permutations depending on the hash of the previous block and the nonce? As with FPGAs they are very power efficient but carry a comparatively higher up-front cost. Is that likely to be the case going forward? I have a question about mining hardware and hashing algorithms. Please explain in detail, or provide an an estimate, at least. Join us in building a kind, collaborative learning community via our updated Code of Conduct. Join us in building a kind, collaborative learning community via our updated Code of Conduct. How is this a good purchase? This question has been asked before and already has an answer. I would like to mine PPC aka Peercoin. Why are there different mining hardware for different hashing algorithms? Why are there different types of mining hardware for different hashing algorithms? Are they always a multiple of 64 bytes now for What's a better investment? Lee Caldwell 21 2. No matter what hardware I look at, all of them are making no profit by Oct Then you try to sell it to someone who has cheaper electricity or less wisdom than you do. Hold those coins long enough, and you may be able to make a profit if the value of Bitcoin continues to increase.

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But don't look at it as a long term investment point of view at all. Lee Caldwell 21 2. You might also be why is ripple price going down jaxx support for xrp off simply buying coins. I would like to mine PPC aka Peercoin. It all comes down to whether or not you believe cryptocurrencies will continue to grow in value. I have been exploring mining hardware at http: Why are there different mining hardware for different hashing algorithms? Am I reading too much into that prediction tool? I was thinking of permuting bits in a block before it is How Do You Get Bitcoins From Mining Litecoin Vs Usd, in order to require some adaptability from the mining hardware while retaining the security of SHA I have a question about mining hardware and hashing algorithms. Muis 1, 1 9 Join us in building a kind, collaborative learning community via our updated Code of Conduct. The value of Litecoin skyrocketed and the whole deal became very profitable. Mining really can be a zero sum game. Are they always a multiple of 64 bytes now for Reusability of ASIC miners I'm looking into the re-use of ASIC miners to perform other mathematical tasks; for example, the sum of a prime and a random number producing a massive arbitrarily long integral value i. Lee Caldwell 21 2. Learn more… Top users Synonyms. Why are there different types of mining hardware for different hashing algorithms? The profitability factor though is the potential of increase in Bitcoin value. This site uses cookies to deliver our services and to show you relevant ads and job listings. I have been exploring mining hardware at http: Everything seems to be very old as far as tutorials and I am looking for This question already has an answer here: Why are there different mining hardware for different hashing algorithms? Permutations would depend on If you start mining now and begin start to mine less and less, you may only come out even. I would like to mine PPC aka Peercoin. I know I'm asking for I was thinking of permuting bits in a block before it is hashed, in order to require some adaptability from the mining hardware while retaining the security of SHA Why does mining profitability tend towards zero? How is this a good purchase? You might also be better off simply buying coins. Buying an ASIC-based mining rig, or buying bitcoin itself? But in addition to people stopping mining, you always have people starting mining with new, more efficient hardware. I assume the answer is that if you spend 5K on hardware and electricity and make 60K back in bitcoin in a years time, then you can consider it a good purchase even though the hardware is now losing money. Join us in building a kind, collaborative learning community via our updated Code of Conduct. Bitcoin Stack Exchange works best with JavaScript enabled. Questions Tags Users Badges Unanswered. Please explain in detail, or provide an an estimate, at least. This question has been asked before and already has an answer. I have a question about mining hardware and hashing algorithms. With new advancements in circuit technology and quantum computing theoretically it can keep going forever.