What is Mining? Introduction. Mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions.This ledger of past transactions is called the blockchain as it is a chain of blocks.The blockchain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions ... AntMiner U2 USB BTC Bitcoin ASIC ant miner 1.6GH/s Overclock 2.2GH/s AntMiner Brand: Bitmain. 2.7 out of 5 stars 2 ratings 3 answered questions Available from these sellers. This fits your . Make sure this fits by entering your model number. ... Only 6 left in stock - order soon. View Bitmain's Range Of Asic Bitcoin Miners And Buy Online With Bitcoin For reference: * Antminer S1 ([email protected] BTC/ea shipped) direct from Bitmain: 0.0061666667 BTC/GH/s * Antminer U2 ([email protected] BTC/ea shipped) from group buy: 0.020755 BTC/GH/s. Obviously the profit margin on reselling the U2 is higher, but not that much higher since savvy miners will avoid it. This antminer works fine but, my self and others do seem to have to overclock it to get the 2gh/s. with cgminer 4.3.3 I set it at --anu-freq 280 which runs it about 2.2gh/s per ASIC miner. That setting keeps me at about 4.450gh/s which varies from time to time but still a steady average of 4gh/s (two U2 miners).
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Should you buy a Bitcoin miner? Specifically, the Bitmain Antminer S9, the most famous Bitcoin BTC miner ever created?! Vosk reviews the Bitmain Antminer S9,... Bitmain Antminer U1 – ASIC USB dongle. This pocket sized bitcoin miner is ideal for mining bitcoin on a tight budget or if you simply want to introduce yourself to the bitcoin mining world. A 1.6gh/s miner that costs $60.00 The difficulty is too high now for this miner to be worthwhile. RX580 Making Over 32MH/s (ETH)!! Simple Mod under 5 minutes! Works for RX470/480/570/580 - Duration: 9:08. DOUBLEDOWN 54,689 views THIS SHOULD WORK WITH BLOCK ERUPTORS TOO! (Paste the text below in your notepad) Ex: bfgminer -S antminer:all -o http://stratum.btcguild.com:3333 -u taunting...