Bitcoin miner


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Bitcoin miner

A computer or computer cluster in the Bitcoin network that adds transactions to the blockchain. Anyone with a good Internet connection can be a miner either using a regular PC, which is less feasible every day, or by purchasing specialized hardware known as an "ASIC miner." There are even "cloud mining" services that mine Bitcoin and other cryptocurrencies that users can rent and get paid in digital coins. For information about the mining process, see Bitcoin mining.


The Bitmain Antminer S9
Custom made for computing blockchain hashes, the Antminer S9 was one of the fastest ASIC miner machines on the market at the end of 2017. ASIC miners such as this use a whole lot more power than an ordinary PC, and this unit requires a stand-alone 1600 watt power supply. (Image courtesy of Bitmain Technologies, www.bitmain.com)
References in periodicals archive ?
What is particularly odd about the case with Rosario's mining rig is that it's not clear why exactly the Antminer S5 Bitcoin Miner was generating radio emissions.
As a first approximation, Bitcoin miners will spend resources (nearly all electricity) equal to the price of a new Bitcoin.
The verification is done by certain members of the P2P network who are Bitcoin miners, who get compensated for their efforts.
It is also insightful here to consider the incentives faced by a bitcoin miner.
It all began with a vision to develop hardware equipment for mining scrypt cryptocurrencies, a project that later expanded to the development of Bitcoin miner.
Furthermore, the Bitcoin miner comes with a five-year warranty, same as the Litecoin Miner.
Bitmain is China's leading bitcoin miner and designer of ASIC chips.
The company has developed the miners - Bitcoin Miner 60/THs and Litecoin Miner 1200MH/s - to enable users to more easily process digital transactions and quickly monitor the release of new digital coins.
PHminers is comprised of specialists with many years' experience in bitcoin hardware as well as litecoin hardware and has developed the ultrafast Bitcoin Miner 25TH/s, which retails at $3,000 and comes with all the necessary equipment - from casing to control unit and cabling - so that it's easy to set up.
You can feed a family with one ether rig," exiled bitcoin miner (https://www.
The biggest barriers for the blind are accessibility," Craig McGee, a bitcoin miner in the United Kingdom, told (https://news.
A user figured out that the website had added a Javascript-based bitcoin miner to its homepage.