Nov 08, 2017 Crypto- How to Mine LBRY Credits from Home Using Your GPU Please watch: 'Bitcoin Mining In 2017 - Bitcoin Mining Comparison of Antminer S9 and Genesis. Results 1 - 48 of 176 - NEW Antminer Bitmain A3 S7 S9 L3+ Noise Suppressor Sound Proofing W/ Accessories. Supported coins include: Ethereum, Ethereum Classic, Monero, Zcash, Siacoin, Pascalcoin, Library Credits, Ubiq, Signatum, Zclassic, Dash, Litecoin, Zencoin, and Decred. Dell D1200e-s1 1400w (220-240v). The LBRY Project and the LBRY Credits (LBC) crypto token used by it is reaching an important milestone for the miners and this is a moment when you might want to pay.

Gaming Pc For Nexus NXS Mining here. In the world of mining, ASIC hardware is in high demand. Although many people would associate this type of hardware with or mining, there are devices suited for other currencies as well.

More specifically, Bitmain has announced the Antminer A3, which is designed specifically for the Blake (2b) algorithm. So far, there is only one (major) currency which uses this algorithm. Fans of will be pleased to hear that this device exists. A New Siacoin ASIC Miner It is always good to see mining hardware manufacturers look beyond and the top cryptocurrencies.

There is plenty of mining hardware for a select few currencies, even though there are plenty of other coins to keep an eye on as well. Especially when it comes to currencies using slightly different mining algorithms, there are plenty of opportunities waiting to be explored. It is somewhat surprising to see a company such as Bitmain introduce a miner for, but it was only a matter of time until this came. According to the company’s website, the new Antminer A3 will cost US$2,375, which does not include shipping costs or taxes. It is a very steep investment for people who are excited, but there is a good chance they will make their money back sooner rather than later.

Some people even claim this device is capable of generating US$300 worth of in one day, although your individual mileage may vary. If a few of these machines hit the network at once, those earnings will quickly drop by half or more. On the technical side of things, the Antminer A3 offers a mining speed of 815 GH/s. Do keep in mind there is always a variance of up to 5% to contend with, but it still packs a lot of power into a rather small form factor. As one would expect, the power requirement for this unit is not on the low end of the spectrum. The A3 is expected to draw an average of 1.186 kilowatts from the wall, which makes it a rather power-hungry machine.

At the same time, if people can still make a few hundred bucks a day despite these electricity requirements, we can only wonder what future, more energy-efficient models may bring to the table. Moreover, the Antminer A3 weighs 4.2 kilograms, with operating temperatures of anywhere between 0 and 40 degrees Celsius. This is in line with most other mining ASICs produced by this Chinese company these days. On the noise front, the A3 is a rowdy machine, as it produces around 76 decibels when under full load. Mining is not something people do in their living rooms, for obvious reasons.

MonaCoin MONA Miner Torrent. It is something to put in one’s basement or anywhere else with access to clean and cool air. As was to be expected, there is a genuine demand for this particular mining unit already. In fact, it seems the demand is so great that people have been seeing “out of stock” messages on the site already. That in itself is rather interesting, although it is unclear how many of these units are currently available for purchase. People willing to take the plunge can make a lot of money by buying these units in the first batch, mining plenty of, and selling the units a few weeks later to the people still waiting for their orders. That is how most people do it these days, anyway.

For the time being, it is unclear how the Antminer A3 will affect the ecosystem. It is evident this new ASIC miner will bring more hashpower to the network, even though the exact impact is difficult to gauge right now. It is good to see more in alternative currencies first and foremost, as is so much more than just or the top altcoins. Moreover, it will be interesting to see how many units Bitmain actually ships in the coming months.

Just recently we reported on the beverage firm Long Island Iced Tea Corp and its share price increase by more than 400% immediately after it rebranded to “Long Blockchain Corporation.” On January 4, the company filed with the U.S. Securities and Exchange Commission (SEC), stating its intentions to mine bitcoins and purchase 1,000 Bitmain manufactured Antminer S9 mining rigs. Also Read: Developers Lament Billion Dollar Market Cap Milestone The Iced Tea Company Is Shifting Gears With Plans to Mine Bitcoin The specialized drink company, ‘Long Island Iced Tea Corp,’ is now known as the ‘Long Blockchain Corporation’ (), and it seems the firm had other intentions for changing its name. The company made headlines all over the world when it rebranded, and its shares spiked by 432 percent in a single day. The latest business move shows is planning to operate a mining facility located in the Nordic country, as the delivery of miners shows an Iceland destination. However, it’s unconfirmed at the moment precisely where the mining facility will be located.

“The mining equipment will be installed in a world-class third-party data center experienced in mining and located in a Nordic country — Long Blockchain expects to benefit from an established infrastructure and competitive energy costs using geothermal and hydro-electric power sources,” explains the firm’s announcement. Generating Revenue Through the Accumulation of Bitcoin The firm’s CEO, Philip Thomas, explained the company’s business transition in a statement saying, “We view this transaction as an important and validating initial step in the company’s progression into blockchain technology.” The commencement of our mining operations places us on a path to generating revenue through the accumulation of — This platform will help support our longer-term strategy of engaging in partnerships, investments and acquisitions in the blockchain ecosystem. Long Blockchain Will Join Other Bitcoin Miners That Have Congregated In the Nordic Region The initial rebrand announcement revealed the company’s intentions to pivot its business model. “We will, in the coming weeks and months, be taking a series of steps related to our efforts to assemble a world-class team of industry professionals to help us realize this vision,” explained Thomas last month. The purchase and sale will close on the 31st day of January 2018, and the cost of the 1,000 Antminer S9 mining rigs and 1,000 PSUs will cost $2,900,000 USD.

Alongside this, the deal filed with the SEC also includes the issuance of two hundred and sixty thousand shares of company common stock. The Nordic region is known for businesses congregating in the area to mine most notably in Iceland.

The reason for this is because of the Nordic region’s abundant resources in geothermal and hydro-electric power. Other mining businesses located within the territory of those countries include Genesis Mining, Bitfury. What do you think this drink company changing gears to start a mining facility in the Nordic region? Let us know in the comments below. Images Pixabay, Long Island Iced Tea, and Bitmain. Want to create your own secure cold storage paper wallet? Check our tools section.

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