UberMiner™: Automatically mines the most profitable coin ...

Ethereum | Bitcoin Mining | Miner Hardware and Rigs

Buy The Fastest Nvidia GPU's For Your Ethereum Mining Rig, Bitcoin Mining Rig Or Any Other Crypto Currency Miner.
[link]

wafflepool.com - An auto switching scrypt coin mining pool

WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
[link]

Myriad - A coin for everyone.

Myriad (XMY) is a Multi-PoW consensus protocol secured by 5 mining algorithms. Each one suits different hardware.
[link]

Very Fast Bitcoin Miner utilizing Laptop Graphics GPU card Nvidia

Very Fast Bitcoin Miner utilizing Laptop Graphics GPU card Nvidia submitted by ososru to Bitcoin4free [link] [comments]

Very Fast Bitcoin Miner utilizing Laptop Graphics GPU card Nvidia

Very Fast Bitcoin Miner utilizing Laptop Graphics GPU card Nvidia submitted by Rufflenator to 3bitcoins [link] [comments]

Nvidia Suffers Through Fourth Quarter, Blaming the Loss of GPU Crypto Miners as Buyers - Bitcoin Exchange Guide

Nvidia Suffers Through Fourth Quarter, Blaming the Loss of GPU Crypto Miners as Buyers - Bitcoin Exchange Guide submitted by prnewswireadmin to cryptonewswire [link] [comments]

I was just wondering :which miner should I use to mine bitcoins with a nvidia gpu ?

submitted by Supergtor to Bitcoin [link] [comments]

Nvidia: 'Substantial Decline' in GPU Sales from Crypto Miners #bitcoin #eth #altcoin https://t.co/VdAny9U47H - Crypto Insider Info - Whales's

Posted at: August 17, 2018 at 03:13AM
By:
Nvidia: 'Substantial Decline' in GPU Sales from Crypto Miners #bitcoin #eth #altcoin https://t.co/VdAny9U47H
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

NVIDIA Boosts GPU Production Because Of Crypto Miners #blockchain #bitcoin #eth https://t.co/TK3HoNmlDs - Crypto Insider Info - Whales's

Posted at: March 29, 2018 at 02:01PM
By:
NVIDIA Boosts GPU Production Because Of Crypto Miners #blockchain #bitcoin #eth https://t.co/TK3HoNmlDs
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

Need a NVIDIA bitcoin miner for my multi GPU setup. NiceHash is gone and I have a 4 GPU's just waiting to heat up my home. /r/BitcoinBeginners

Need a NVIDIA bitcoin miner for my multi GPU setup. NiceHash is gone and I have a 4 GPU's just waiting to heat up my home. /BitcoinBeginners submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Buy LiteCoin Miners AMD gpu cards For LiteCoin Mining | nvidia gpu cards for LiteCoin mining | AMD gpu graphic Cards | Nvidia gpu Video Cards | Workstation gpus | Litecoin and Ethereum Bitcoin Motherboards

Buy LiteCoin Miners AMD gpu cards For LiteCoin Mining | nvidia gpu cards for LiteCoin mining | AMD gpu graphic Cards | Nvidia gpu Video Cards | Workstation gpus | Litecoin and Ethereum Bitcoin Motherboards submitted by StockPollsEnterprise to gpusformining [link] [comments]

Buy LiteCoin Miners AMD gpu cards For LiteCoin Mining | nvidia gpu cards for LiteCoin mining | AMD gpu graphic Cards | Nvidia gpu Video Cards | Workstation gpus | Litecoin and Ethereum Bitcoin Motherboards

Buy LiteCoin Miners AMD gpu cards For LiteCoin Mining | nvidia gpu cards for LiteCoin mining | AMD gpu graphic Cards | Nvidia gpu Video Cards | Workstation gpus | Litecoin and Ethereum Bitcoin Motherboards submitted by StockPollsEnterprise to AMDRXVEGA [link] [comments]

01-23 16:43 - 'Nvidia Tries to Limit GPU Sales to Cryptocurrency Miners' (news.bitcoin.com) by /u/marcelchuo2 removed from /r/Bitcoin within 137-147min

Nvidia Tries to Limit GPU Sales to Cryptocurrency Miners
Go1dfish undelete link
unreddit undelete link
Author: marcelchuo2
submitted by removalbot to removalbot [link] [comments]

Need a NVIDIA bitcoin miner for my multi GPU setup. NiceHash is gone and I have a 4 GPU's just waiting to heat up my home.

I have tried ccminer 8.0 and finally got one gpu miner running but can't get the others to run. I am looking to build or compile my own with equihash , something like niceminer had, so I can join a pool. Any suggestions I will do the research and see what I can do. I program and can build on linux or windows , so just need a miner with source code that I can modify algo's and I can run with it.
submitted by ruskeeblue to BitcoinBeginners [link] [comments]

I was just wondering :which miner should I use to mine bitcoins with a nvidia gpu ? /r/Bitcoin

I was just wondering :which miner should I use to mine bitcoins with a nvidia gpu ? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Crypto-miners could flock to the Nvidia RTX 3080, leaving gamers out in the cold.

submitted by Coffinspired to hardware [link] [comments]

LAPTOP PERFORMANCE IS TERRIBLE CONSIDERING ITS SPECS

So when i bought the Laptop everything was fine but now im getting like 40 fps in games and graphics is set lower. Before it was 60fps but on much higher graphics. MY SPECS : Asus TUF gaming FX504 GTX 1050 4GB , Intel I7 8750H , 8gb ram and 1TB HDD. Im thinking it could be due to a) I installed malware by mistake. I downloaded like 5 AV and somehow "removed it" Malwarebytes told me that it was bitcoin miner which affect performance so I tought that was it and I did factory reset but that made it just worse now i cant open NVIDIA control panel and update my graphics driver trough Geforce experience and overall performance is same if not worse . Or b) Some time ago I tried overclocking trough MSI afterburner and EVGA precision and almost killed my gpu but I didnt noticed much diference in terms of fps afterwards . I think its due to overclocking but im not sure. pls help thx
submitted by lukall5 to laptops [link] [comments]

Reinstalei meu Windows para resolver um problema, foi resolvido, mas agora tenho outros dois. (não instalem windows 10 build 2004)

Neste fim de semana resolvi passar o meu anti-vírus, uma cacetada de malware, bitcoin miner e fui descobrir que um destes malwares havia desativado o Windows Defender. Li online que quando estas coisas acontecem, o melhor a se fazer é reinstalar o Windows, o que não foi tanto problema porque poderia manter minhas pastas e arquivos.
Quase 8 horas fazendo essa reinstalação, problema do Windows Defender resolvido, mas tentei ligar meu fone Bluetooth e nada. Passei horas e horas testando as mais diversas formas do que poderia ser o problema, nada resolvido. Antes eu tive o mesmo problema, deletei uma atualização do Windows e voltou a funcionar, mas dessa vez não deu. Deixei para lá, pelo menos tenho daqueles fones com fio.
Agora fui jogar um jogo para distrair, crashou. "Ué...", tive que reiniciar o computador, tentei mais uma vez, crashou. Reiniciando o computador mais uma vez, mas dessa vez fui pesquisar sobre a minha build atual do Windows 10, build 2004 e um destes sites de informática disse que:
On its release information page, Microsoft has already listed 11 issues it’s investigating for update 2004. They include incompatibility with older Nvidia graphics cards running driver 358.00 and older, breaking mouse input with apps and games, and problems connecting to multiple Bluetooth devices with certain Realtek drivers.
Ou seja, talvez o meu problema do jogo e o problema do meu fone de ouvido de bluetooth é por causa desta build instalada no meu computador.
Sabem qual o pegadinha? Para eu voltar a uma build anterior, só voltando às configurações de fábrica, e eu não tenho HD externo para salvar meus arquivos.
minha cara
Edit: 23 dias depois de muita encheção de saco com essa build eu desisti, arranjei um hd externo e reinstalei a versão 1903, meu fone funcionou perfeitamente, ainda vou testar o jogo, mas estou confiante.
Edit 2: GPU não funciona, driver da Nvidia dando problema na build 1903 do Windows fml
submitted by ludicrouscuriosity to brasil [link] [comments]

Ryzen 1600x high idle temp because 3 cores are at full load

Ryzen 1600x high idle temp because 3 cores are at full load
My airflow and the cpu cooler in general are pretty good, the cpu is overclocked to 4ghz and under full cinebench r20 load it doesnt even reach 70C but at idle my cpu will sit around 56C, after opening hwinfo or hwmonitor the temp checks out (Tdie) and it shows that thread 0,2 and 6 are at full 100% load. What could be causing this. Task manager doesnt show anything unordinary going on and the usage is <5%

Computer Type: Custom dekstop
GPU: Gainward Ghost RTX 2060 6GB
CPU: 1600X 4.0GHz 1.35V
Motherboard: ASRock AB350M
RAM: Patriot Viper Steel 3400MHz 2x8GB 2nd and 4th slot. XMP set to 3200MHz
PSU: Corsair CX650M
Operating System & Version: Windows 10 Pro Version 2004
GPU Drivers: 452.06
Chipset Drivers: P5.50
Background Applications: Spotify, MSI Afterburner, Riva Statistic Tuner, NVIDIA Settings
Troubleshooting: Tried removing the cpu overclock
SOLVED: Trojan bitcoin miner deep in chrome folder
submitted by Sonny1941 to AMDHelp [link] [comments]

Please remind your graphics card daily to be mindful of their less fortunate brethren out there.

Please remind your graphics card daily to be mindful of their less fortunate brethren out there. submitted by ttminh1997 to pcmasterrace [link] [comments]

LAPTOP PERFORMANCE IS TERRIBLE CONSIDERING ITS SPECS

So when i bought the Laptop everything was fine but now im getting like 40 fps in games and graphics is set lower. Before it was 60fps but on much higher graphics. MY SPECS : Asus TUF gaming FX504 GTX 1050 4GB , Intel I7 8750H , 8gb ram and 1TB HDD. Im thinking it could be due to a) I installed malware by mistake. I downloaded like 5 AV and somehow "removed it" Malwarebytes told me that it was bitcoin miner which affect performance so I tought that was it and I did factory reset but that made it just worse now i cant open NVIDIA control panel and update my graphics driver trough Geforce experience and overall performance is same if not worse . Or b) Some time ago I tried overclocking trough MSI afterburner and EVGA precision and almost killed my gpu but I didnt noticed much diference in terms of fps afterwards . Could it be due to the overclocking ? If you have any ide how to fix it please tell me thx :) https://www.userbenchmark.com/UserRun/32266303
submitted by lukall5 to pcgamingtechsupport [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by coldfeet45 to BitcoinMining [link] [comments]

PC performance is worse than it should be

So when i bought the Laptop everything was fine but now im getting like 40 fps in games and graphics is set lower. Before it was 60fps but on much higher graphics. MY SPECS : Asus TUF gaming FX504 GTX 1050 4GB , Intel I7 8750H , 8gb ram and 1TB HDD. Im thinking it could be due to a) I installed malware by mistake. I downloaded like 5 AV and somehow "removed it" Malwarebytes told me that it was bitcoin miner which affect performance so I tought that was it and I did factory reset but that made it just worse now i cant open NVIDIA control panel and update my graphics driver trough Geforce experience and overall performance is same if not worse . Or b) Some time ago I tried overclocking trough MSI afterburner and EVGA precision and almost killed my gpu but I didnt noticed much diference in terms of fps afterwards . If you have any ide how to fix it please tell me thx :) https://www.userbenchmark.com/UserRun/32266303
submitted by lukall5 to pcgamingtechsupport [link] [comments]

Bitcoin mining: popular software for managing the processes

The Bitcoin exchange rate faced a significant drop not a long time ago, so a lot of miners think that mining this coin is not as profitable as before. However, Bitcoin is stabilizing, so now is the time to start mining it again. And, definitely, it is better to do this with reliable and efficient software.
There are a lot of operating systems for managing Bitcoin mining, so making a final choice can be a rather complicated task. This guide is here to help you — it describes features, advantages and disadvantages of the most popular software.

Hive OS: an all-in-one solution

Hive OS is a highly secure and stable mining platform based on the Linux distribution of Ubuntu. Besides, you will have no difficulties with its installation, setup and use. However, if you have any questions, you can always get in touch with the support team. The support is provided 24/7, so you will get help very quickly. There is also an extensive knowledge base that you can use.
Hive OS significantly simplifies even large farms’ management. A lot of things can be automated. For instance, automatic control of the fans, execution of commands according to the schedule, etc. Apart from this, switching between pools, wallets or coins takes only a second. The list of miners is updated regularly, just like the list of features — the Hive OS team is constantly working on the system considering the needs of the community. With Hive OS it is also possible to control the workers remotely.
Hive OS allows mining Bitcoin on ASICs and GPU rigs, offers its own pool and custom firmware for ASICs. It is an all-in-one solution that you can use in order to make the management process simpler and increase your profits.

СGMiner: suitable for experienced owners of AMD cards

CGMiner is an open-source miner focused specifically on mining Bitcoin (although some other coins can also be mined here). It supports GPU, ASIC and CPU mining, and is available for the following platforms: Windows, Linux and OS X. While using all the traditional features (for instance, overclocking) you won’t have to pay a dev fee.
However, this miner is not that suitable for inexperienced users — you at least need to have some knowledge of GitHub. Another thing to keep in mind is that CGMiner doesn’t work well with Nvidia cards.

Cudo Miner: a nice option for beginners

Cudo Miner is a simple to use crypto mining platform. Remote management, monitoring and overclocking — these and other standard features are available. Cudo Miner also offers automated mining and auto coin switching. Besides, if necessary, you can create custom templates in order to increase performance of your devices.
On the other side, Cudo Miner doesn’t support ASICs. One more unpleasant thing is that the fees are based on the amount of cryptocurrency mined in the last 30 days, and they are pretty high. For example, for less than 0.005 BTC, the fee is 6.5%.

SimpleMining: the choice of GPU owners

SimpleMining is a mining OS platform supporting all modern Nvidia and AMD GPUs. Using it, you can take bulk actions on multiple devices. Standard features like overclocking and undervolting are available as well. Besides, there are a lot of miner programmes to choose from, but you can still add a custom miner if necessary. But please keep in mind that it is impossible to mix AMD and Nvidia in one rig.

Hashr8: for users who know everything about mining

Hashr8 is an operating system suitable both for ASICs and GPU rigs. The system also supports many pools and miners. You can monitor devices not only in the web interface, but also via the mobile application. Support is provided around the clock. Besides, Hashr8 can be used for free — this option is available to miners using up to 3 devices inclusive. At the same time, there are no other restrictions — free users can use all the functions of the system.
However, despite the above-mentioned benefits, Hashr8 also has some disadvantages. Firstly, you can contact the support team only using the form on the website or by email, so there is no chance for getting help instantly. The website also has no FAQ, so if you run into a problem, you are likely to have to solve it yourself. Secondly, Hashr8 is a rather unstable system, which can affect your income.

Awesome Miner: suitable for centralized mining management

Awesome Miner allows managing and monitoring the mining operations, and supports ASICs and GPU rigs (CPU mining is possible too). Using it, you can perform operations both on individual miners and the groups, and build templates for easier configuration. Note that Awesome Miner can be used for free, but on certain conditions: you can have up to 2 miners, while the list of available features is rather limited.
Awesome Miner runs only on Windows, but you can still connect it to mining software running on Linux. Apart from this, it can be difficult for a new user to understand how this solution works, as its interface is not that convenient and intuitive.

What Software to Choose?

Obviously, the final decision completely depends on your needs, but we recommend choosing a universal system that supports GPU rigs and ASICs. By doing this, you will have freedom of action. A similar recommendation can be applied to GPU rigs — if you prefer them, choose a system that works both with Nvidia and AMD cards.
Make your choice wisely, and have profitable Bitcoin mining!
submitted by armabotwe to nem [link] [comments]

Filecoin | Development Status and Mining Progress

Author: Gamals Ahmed, CoinEx Business Ambassador
https://preview.redd.it/5bqakdqgl3g51.jpg?width=865&format=pjpg&auto=webp&s=b709794863977eb6554e3919b9e00ca750e3e704
A decentralized storage network that transforms cloud storage into an account market. Miners obtain the integrity of the original protocol by providing data storage and / or retrieval. On the contrary, customers pay miners to store or distribute data and retrieve it.
Filecoin announced, that there will be more delays before its main network is officially launched.
Filecoin developers postponed the release date of their main network to late July to late August 2020.
As mentioned in a recent announcement, the Filecoin team said that the initiative completed the first round of the internal protocol security audit. Platform developers claim that the results of the review showed that they need to make several changes to the protocol’s code base before performing the second stage of the software testing process.
Created by Protocol Labs, Filecoin was developed using File System (IPFS), which is a peer-to-peer data storage network. Filecoin will allow users to trade storage space in an open and decentralized market.
Filecoin developers implemented one of the largest cryptocurrency sales in 2017. They have privately obtained over $ 200 million from professional or accredited investors, including many institutional investors.
The main network was slated to launch last month, but in February 2020, the Philly Queen development team delayed the release of the main network between July 15 and July 17, 2020.
They claimed that the outbreak of the Coronavirus (COVID-19) in China was the main cause of the delay. The developers now say that they need more time to solve the problems found during a recent codecase audit.
The Filecoin team noted the following:
“We have drafted a number of protocol changes to ensure that building our major network launch is safe and economically sound.” The project developers will add them to two different implementations of Filecoin (Lotus and go-filecoin) in the coming weeks.
Filecoin developers conducted a survey to allow platform community members to cast their votes on three different launch dates for Testnet Phase 2 and mainnet.
The team reported that the community gave their votes. Based on the vote results, the Filecoin team announced a “conservative” estimate that the second phase of the network test should begin by May 11, 2020. The main Filecoin network may be launched sometime between July 20 and August 21, 2020.
The updates to the project can be found on the Filecoin Road Map.
Filecoin developers stated:
“This option will make us get the most important protocol changes first, and then implement the rest as protocol updates during testnet.” Filecoin is back down from the final test stage.
Another filecoin decentralized storage network provider launched its catalytic test network, the final stage of the storage network test that supports the blockchain.
In a blog post on her website, Filecoin said she will postpone the last test round until August. The company also announced a calibration period from July 20 to August 3 to allow miners to test their mining settings and get an idea of how competition conditions affected their rewards.
Filecoin had announced earlier last month that the catalytic testnet test would precede its flagship launch. The delay in the final test also means that the company has returned the main launch window between August 31 and September 21.
Despite the lack of clear incentives for miners and multiple delays, Filecoin has succeeded in attracting huge interest, especially in China. Investors remained highly speculating on the network’s mining hardware and its premium price.
Mining in Filecoin
In most blockchain protocols, “miners” are network participants who do the work necessary to promote and maintain the blockchain. To provide these services, miners are compensated in the original cryptocurrency.
Mining in Filecoin works completely differently — instead of contributing to computational power, miners contribute storage capacity to use for dealing with customers looking to store data.
Filecoin will contain several types of miners:
Storage miners responsible for storing files and data on the network. Miners retrieval, responsible for providing quick tubes for file recovery. Miners repair to be carried out.
Storage miners are the heart of the network. They earn Filecoin by storing data for clients, and computerizing cipher directories to check storage over time. The probability of earning the reward reward and transaction fees is proportional to the amount of storage that the Miner contributes to the Filecoin network, not the hash power.
Retriever miners are the veins of the network. They earn Filecoin by winning bids and mining fees for a specific file, which is determined by the market value of the said file size. Miners bandwidth and recovery / initial transaction response time will determine its ability to close recovery deals on the network.
The maximum bandwidth of the recovery miners will determine the total amount of deals that it can enter into.
In the current implementation, the focus is mostly on storage miners, who sell storage capacity for FIL.

Hardware recommendations

The current system specifications recommended for running the miner are:
Compared to the hardware requirements for running a validity checker, these standards are much higher — although they definitely deserve it. Since these will not increase in the presumed future, the money spent on Filecoin mining hardware will provide users with many years of reliable service, and they pay themselves many times. Think of investing as a small business for cloud storage. To launch a model on the current data hosting model, it will cost millions of dollars in infrastructure and logistics to get started. With Filecoin, you can do the same for a few thousand dollars.
Proceed to mining
Deals are the primary function of the Filecoin network, and it represents an agreement between a client and miners for a “storage” contract.
Once the customer decides to have a miner to store based on the available capacity, duration and price required, he secures sufficient funds in a linked portfolio to cover the total cost of the deal. The deal is then published once the mine accepts the storage agreement. By default, all Filecoin miners are set to automatically accept any deal that meets their criteria, although this can be disabled for miners who prefer to organize their deals manually.
After the deal is published, the customer prepares the data for storage and then transfers it to the miner. Upon receiving all the data, the miner fills in the data in a sector, closes it, and begins to provide proofs to the chain. Once the first confirmation is obtained, the customer can make sure the data is stored correctly, and the deal has officially started.
Throughout the deal, the miner provides continuous proofs to the chain. Clients gradually pay with money they previously closed. If there is missing or late evidence, the miner is punished. More information about this can be found in the Runtime, Cut and Penalties section of this page.
At Filecoin, miners earn two different types of rewards for their efforts: storage fees and reward prevention.
Storage fees are the fees that customers pay regularly after reaching a deal, in exchange for storing data. This fee is automatically deposited into the withdrawal portfolio associated with miners while they continue to perform their duties over time, and is locked for a short period upon receipt.
Block rewards are large sums given to miners calculated on a new block. Unlike storage fees, these rewards do not come from a linked customer; Instead, the new FIL “prints” the network as an inflationary and incentive measure for miners to develop the chain. All active miners on the network have a chance to get a block bonus, their chance to be directly proportional to the amount of storage space that is currently being contributed to the network.
Duration of operation, cutting and penalties
“Slashing” is a feature found in most blockchain protocols, and is used to punish miners who fail to provide reliable uptime or act maliciously against the network.
In Filecoin, miners are susceptible to two different types of cut: storage error cut, unanimously reduce error.
Storage Error Reduction is a term used to include a wider range of penalties, including error fees, sector penalties, and termination fees. Miners must pay these penalties if they fail to provide reliability of the sector or decide to leave the network voluntarily.
An error fee is a penalty that a miner incurs for each non-working day. Sector punishment: A penalty incurred by a miner of a disrupted sector for which no error was reported before the WindowPoSt inspection.
The sector will pay an error fee after the penalty of the sector once the error is discovered.
Termination Fee: A penalty that a miner incurs when a sector is voluntary or involuntarily terminated and removed from the network.
Cutting consensus error is the penalty that a miner incurs for committing consensus errors. This punishment applies to miners who have acted maliciously against the network consensus function.
Filecoin miners
Eight of the top 10 Felticoin miners are Chinese investors or companies, according to the blockchain explorer, while more companies are selling cloud mining contracts and distributed file sharing system hardware. CoinDesk’s Wolfe Chao wrote: “China’s craze for Filecoin may have been largely related to the long-standing popularity of crypto mining in the country overall, which is home to about 65% of the computing power on Bitcoin at discretion.”
With Filecoin approaching the launch of the mainnet blocknet — after several delays since the $ 200 million increase in 2017 — Chinese investors are once again speculating strongly about network mining devices and their premium prices.
Since Protocol Labs, the company behind Filecoin, released its “Test Incentives” program on June 9 that was scheduled to start in a week’s time, more than a dozen Chinese companies have started selling cloud mining contracts and hardware — despite important details such as economics Mining incentives on the main network are still endless.
Sales volumes to date for each of these companies can range from half a million to tens of millions of dollars, according to self-reported data on these platforms that CoinDesk has watched and interviews with several mining hardware manufacturers.
Filecoin’s goal is to build a distributed storage network with token rewards to spur storage hosting as a way to drive wider adoption. Protocol Labs launched a test network in December 2019. But the tokens mined in the testing environment so far are not representative of the true silicon coin that can be traded when the main network is turned on. Moreover, the mining incentive economics on testnet do not represent how final block rewards will be available on the main network.
However, data from Blockecoin’s blocknetin testnet explorers show that eight out of 10 miners with the most effective mining force on testnet are currently Chinese miners.
These eight miners have about 15 petabytes (PB) of effective storage mining power, accounting for more than 85% of the total test of 17.9 petable. For the context, 1 petabyte of hard disk storage = 1000 terabytes (terabytes) = 1 million gigabytes (GB).
Filecoin craze in China may be closely related to the long-standing popularity of crypt mining in the country overall, which is home to about 65% of the computing power on Bitcoin by estimation. In addition, there has been a lot of hype in China about foreign exchange mining since 2018, as companies promote all types of devices when the network is still in development.
“Encryption mining has always been popular in China,” said Andy Tien, co-founder of 1475, one of several mining hardware manufacturers in Philquin supported by prominent Chinese video indicators such as Fenbushi and Hashkey Capital.
“Even though the Velikoyen mining process is more technologically sophisticated, the idea of mining using hard drives instead of specialized machines like Bitcoin ASIC may be a lot easier for retailers to understand,” he said.
Meanwhile, according to Feixiaohao, a Chinese service comparable to CoinMarketCap, nearly 50 Chinese crypto exchanges are often somewhat unknown with some of the more well-known exchanges including Gate.io and Biki — have listed trading pairs for Filecoin currency contracts for USDT.
In bitcoin mining, at the current difficulty level, one segment per second (TH / s) fragmentation rate is expected to generate around 0.000008 BTC within 24 hours. The higher the number of TH / s, the greater the number of bitcoins it should be able to produce proportionately. But in Filecoin, the efficient mining force of miners depends on the amount of data stamped on the hard drive, not the total size of the hard drive.
To close data in the hard drive, the Filecoin miner still needs processing power, i.e. CPU or GPU as well as RAM. More powerful processors with improved software can confine data to the hard drive more quickly, so miners can combine more efficient mining energy faster on a given day.
As of this stage, there appears to be no transparent way at the network level for retail investors to see how much of the purchased hard disk drive was purchased which actually represents an effective mining force.
The U.S.-based Labs Protocol was behind Filecoin’s initial coin offer for 2017, which raised an astonishing $ 200 million.
This was in addition to a $ 50 million increase in private investment supported by notable venture capital projects including Sequoia, Anderson Horowitz and Union Square Ventures. CoinDk’s parent company, CoinDk, has also invested in Protocol Labs.
After rounds of delay, Protocol Protocols said in September 2019 that a testnet launch would be available around December 2019 and the main network would be rolled out in the first quarter of 2020.
The test started as promised, but the main network has been delayed again and is now expected to launch in August 2020. What is Filecoin mining process?
Filecoin mainly consists of three parts: the storage market (the chain), the blockecin Filecoin, and the search market (under the chain). Storage and research market in series and series respectively for security and efficiency. For users, the storage frequency is relatively low, and the security requirements are relatively high, so the storage process is placed on the chain. The retrieval frequency is much higher than the storage frequency when there is a certain amount of data. Given the performance problem in processing data on the chain, the retrieval process under the chain is performed. In order to solve the security issue of payment in the retrieval process, Filecoin adopts the micro-payment strategy. In simple terms, the process is to split the document into several copies, and every time the user gets a portion of the data, the corresponding fee is paid. Types of mines corresponding to Filecoin’s two major markets are miners and warehousers, among whom miners are primarily responsible for storing data and block packages, while miners are primarily responsible for data query. After the stable operation of the major Filecoin network in the future, the mining operator will be introduced, who is the main responsible for data maintenance.
In the initial release of Filecoin, the request matching mechanism was not implemented in the storage market and retrieval market, but the takeover mechanism was adopted. The three main parts of Filecoin correspond to three processes, namely the stored procedure, retrieval process, packaging and reward process. The following figure shows the simplified process and the income of the miners:
The Filecoin mining process is much more complicated, and the important factor in determining the previous mining profit is efficient storage. Effective storage is a key feature that distinguishes Filecoin from other decentralized storage projects. In Filecoin’s EC consensus, effective storage is similar to interest in PoS, which determines the likelihood that a miner will get the right to fill, that is, the proportion of miners effectively stored in the entire network is proportional to final mining revenue.
It is also possible to obtain higher effective storage under the same hardware conditions by improving the mining algorithm. However, the current increase in the number of benefits that can be achieved by improving the algorithm is still unknown.
It seeks to promote mining using Filecoin Discover
Filecoin announced Filecoin Discover — a step to encourage miners to join the Filecoin network. According to the company, Filecoin Discover is “an ever-growing catalog of numerous petabytes of public data covering literature, science, art, and history.” Miners interested in sharing can choose which data sets they want to store, and receive that data on a drive at a cost. In exchange for storing this verified data, miners will earn additional Filecoin above the regular block rewards for storing data. Includes the current catalog of open source data sets; ENCODE, 1000 Genomes, Project Gutenberg, Berkley Self-driving data, more projects, and datasets are added every day.
Ian Darrow, Head of Operations at Filecoin, commented on the announcement:
“Over 2.5 quintillion bytes of data are created every day. This data includes 294 billion emails, 500 million tweets and 64 billion messages on social media. But it is also climatology reports, disease tracking maps, connected vehicle coordinates and much more. It is extremely important that we maintain data that will serve as the backbone for future research and discovery”.
Miners who choose to participate in Filecoin Discover may receive hard drives pre-loaded with verified data, as well as setup and maintenance instructions, depending on the company. The Filecoin team will also host the Slack (fil-Discover-support) channel where miners can learn more.
Filecoin got its fair share of obstacles along the way. Last month Filecoin announced a further delay before its main network was officially launched — after years of raising funds.
In late July QEBR (OTC: QEBR) announced that it had ceded ownership of two subsidiaries in order to focus all of the company’s resources on building blockchain-based mining operations.
The QEBR technology team previously announced that it has proven its system as a Filecoin node valid with CPU, GPU, bandwidth and storage compatibility that meets all IPFS guidelines. The QEBR test system is connected to the main Filecoin blockchain and the already mined filecoin coin has already been tested.
“The disclosure of Sheen Boom and Jihye will allow our team to focus only on the upcoming global launch of Filecoin. QEBR branch, Shenzhen DZD Digital Technology Ltd. (“ DZD “), has a strong background in blockchain development, extraction Data, data acquisition, data processing, data technology research. We strongly believe Filecoin has the potential to be a leading blockchain-based cryptocurrency and will make every effort to make QEBR an important player when Mainecoin mainnet will be launched soon”.
IPFS and Filecoin
Filecoin and IPFS are complementary protocols for storing and sharing data in a decentralized network. While users are not required to use Filecoin and IPFS together, the two combined are working to resolve major failures in the current web infrastructure.
IPFS
It is an open source protocol that allows users to store and transmit verifiable data with each other. IPFS users insist on data on the network by installing it on their own device, to a third-party cloud service (known as Pinning Services), or through community-oriented systems where a group of individual IPFS users share resources to ensure the content stays live.
The lack of an integrated catalytic mechanism is the challenge Filecoin hopes to solve by allowing users to catalyze long-term distributed storage at competitive prices through the storage contract market, while maintaining the efficiency and flexibility that the IPFS network provides.
Using IPFS
In IPFS, the data is hosted by the required data installation nodes. For data to persist while the user node is offline, users must either rely on their other peers to install their data voluntarily or use a central install service to store data.
Peer-to-peer reliance caching data may be a good thing as one or multiple organizations share common files on an internal network, or where strong social contracts can be used to ensure continued hosting and preservation of content in the long run. Most users in an IPFS network use an installation service.
Using Filecoin
The last option is to install your data in a decentralized storage market, such as Filecoin. In Filecoin’s structure, customers make regular small payments to store data when a certain availability, while miners earn those payments by constantly checking the integrity of this data, storing it, and ensuring its quick recovery. This allows users to motivate Filecoin miners to ensure that their content will be live when it is needed, a distinct advantage of relying only on other network users as required using IPFS alone.
Filecoin, powered by IPFS
It is important to know that Filecoin is built on top of IPFS. Filecoin aims to be a very integrated and seamless storage market that takes advantage of the basic functions provided by IPFS, they are connected to each other, but can be implemented completely independently of each other. Users do not need to interact with Filecoin in order to use IPFS.
Some advantages of sharing Filecoin with IPFS:
Of all the decentralized storage projects, Filecoin is undoubtedly the most interested, and IPFS has been running stably for two years, fully demonstrating the strength of its core protocol.
Filecoin’s ability to obtain market share from traditional central storage depends on end-user experience and storage price. Currently, most Filecoin nodes are posted in the IDC room. Actual deployment and operation costs are not reduced compared to traditional central cloud storage, and the storage process is more complicated.
PoRep and PoSt, which has a large number of proofs of unknown operation, are required to cause the actual storage cost to be so, in the early days of the release of Filecoin. The actual cost of storing data may be higher than the cost of central cloud storage, but the initial storage node may reduce the storage price in order to obtain block rewards, which may result in the actual storage price lower than traditional central cloud storage.
In the long term, Filecoin still needs to take full advantage of its P2P storage, convert storage devices from specialization to civil use, and improve its algorithms to reduce storage costs without affecting user experience. The storage problem is an important problem to be solved in the blockchain field, so a large number of storage projects were presented at the 19th Web3 Summit. IPFS is an important part of Web3 visibility. Its development will affect the development of Web3 to some extent. Likewise, Web3 development somewhat determines the future of IPFS. Filecoin is an IPFS-based storage class project initiated by IPFS. There is no doubt that he is highly expected.
Resources :
  1. https://www.coindesk.com/filecoin-pushes-back-final-testing-phase-announces-calibration-period-for-miners
  2. https://docs.filecoin.io/mine/#types-of-miners https://www.nasdaq.com/articles/inside-the-craze-for-filecoin-crypto-mining-in-china-2020-07-12؟amp
  3. https://www.prnewswire.com/news-releases/qebr-streamlines-holdings-to-concentrate-on-filecoin-development-and-mining-301098731.html
  4. https://www.crowdfundinsider.com/2020/05/161200-filecoin-seeks-to-boost-mining-with-filecoin-discove
  5. https://zephyrnet.com/filecoin-seeks-to-boost-mining-with-filecoin-discove
  6. https://docs.filecoin.io/introduction/ipfs-and-filecoin/#filecoin-powered-by-ipfs
submitted by CoinEx_Institution to filecoin [link] [comments]

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