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We went from building computers In College from digital IC chips to E-commerce Worldwide.
We Now have successfully morphed into Global Asset Investors.
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We started out working and now are investments work for us.
We started In 1980 working with computers,
now the computers work for us
Mining Bitcoin every day.
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Coinmine, a cryptocurrency mining device aimed at the hobbyist market, will now give its users the option to be paid in bitcoin.
The device was able to mine monero, zcash, grin and ethereum at launch, a set of cryptocurrencies that had a low enough difficulty threshold to allow for the average miner to see a minimal return. The addition of bitcoin payouts gives miners more incentive to try the $699 product.
“To get you the most bitcoin possible from your Coinmine One, we had to engineer MineOS to automatically mine whatever crypto converts to bitcoin at the highest rate and then exchange it to Bitcoin for you and put it in your wallet,” said founder Farbood Nivi. “This way you’re getting way more Bitcoin than if the device was mining Bitcoin directly. ”
Thank you for the Incredible response to
The Coinmine Offer/
New Offer is Live!
take $50 off the
New Reduced Price
use code EHH
we're offering an additional $75 off your purchase of a new Coinmine One device. Offer expires at Midnight PST, Nov. 27th, 2019.
2018 Coinmine Inc. All rights Reserved Coinmine Inc. and it's Affiliates are the exclusive owners of rights and interests in and to the marks Coinmine,and the Coinmine logo.
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Bitcoin mining has become more competitive than ever.
Bitcoin mining difficulty – the measure of how hard it is to earn mining rewards in the world’s largest cryptocurrency by market cap – has reached a new record high above 7.93 trillion. That’s a seven percent jump from the 7.45 trillion record set during the recent two-week adjustment cycle, which was the highest since October 2018.
Bitcoin is designed to adjust its mining difficulty every 2,016 blocks (approximately 14 days), based on the amount of computing power deployed to the network. This is done to ensure the block production interval at the next period will remain constant at around every 10 minutes. When there are fewer machines racing to solve math problems to earn the next payout of newly created bitcoin, difficulty falls; when there are more computers in the game, it rises.
Right now the machines are humming furiously. Bitcoin miners across the world have been performing calculations at an average 56.77 quintillion hashes per second (EH/s) over the last 14 days to compete for mining rewards on the world’s first blockchain, according to data from mining pool BTC.com.
BTC.com data further indicates the average bitcoin mining hash rate in the last 24-hour and three-day periods were 59.58 EH/s and 59.70 EH/s, respectively, even higher than the average 56.77 EH/s from May 15 to June 27, or any 14-day data in the network’s history.
Similarly, data from blockchain.info also shows the aggregate of bitcoin computing power was around 66 EH/s as of June 22, surpassing last year’s record high of 61.86 EH/s tracked by the site, and has more than doubled since December 2018 when the hash rate dropped to as low as 31 EH/s amid bitcoin’s price fall.
Assuming all such additional computing power has come from more widely used equipment such as the AntMiner S9, which performs calculations at an average rate of 14 tera hashes per second (TH/s), that suggests more than 2 million units of mining equipment may have been switched on over the past several months. (1 EH/s equals to 1 million TH/s)
The increase in capacity is also in line with bitcoin’s price jump over the first half of 2019, which caused the price of second-hand mining equipment to double in China, and also juiced demand for new machines.
BTC.com further estimates the bitcoin mining difficulty will jump by another seven percent at the beginning of the next adjustment cycle, which would be the first time for bitcoin mining difficulty to cross the eight trillion threshold.
Delayed plugging in
Such computing interest comes at a time when mining farms in China, especially in the country’s mountainous southwest, have been gradually plugging in equipment as the rainy summer approaches.
According to a report published by blockchain research firm Coinshare, as of earlier this month, 50 percent of the global bitcoin computing power was located in China’s Sichuan province.
However, it’s important to note that this year, the arrival of the rainy season in China’s southwest has been delayed by nearly a month compared to previous years. As a result, some local mining farms were only running less than half of their total capacity in the past month.
Xun Zheng, CEO of mining farm operator Hashage based in Chengdu that owns several facilities across China’s southwestern provinces, said there had been no rain in the area for over 20 days since early May, which was “unusual.”
“In the past years, it usually starts raining continuously throughout May so [hydropower plants] normally will have enough water resources by early June,” he said.
As a result, in early June his firm was only operating at 40 percent of capacity; it can host more than 200,000 ASIC miners. But as the rain has arrived gradually over the past two weeks, the proportion has climbed to over 60 percent.
Mining farms in China previously estimated that the total hash rate this year during the peak of the rainy season around August could break the threshold of 70EH/s. That means another 300,000 units of mining machines could be further activated, assuming all are AntMiner S9s or similar models.
Those waiting to be switched on will also include new capital in the sector such as Shanghai-based Fundamental Labs, a blockchain fund that has invested $44 million on top-of-the-line mining equipment, which will be activated in June.
From Contracts Started
From The Bitcoin Mine
In Iceland and Other Mine Locations.
We are Proud Affiliates
A Custom 2.5TH/s Zero Fee
A Custom 2.5TH/s Zero Fee
Existing GM Radiant 2.5TH/s
All 3 are SHA-256
The SHA (Secure Hash Algorithm) is one of a number of cryptographic hash functions. A cryptographic hash is like a signature for a text or a data file. SHA-256 algorithm generates an almost-unique, fixed size 256-bit (32-byte) hash. Hash is a one way function – it cannot be decrypted back.
12.05.2019 BTC 0.00009752
12.04.2019 BTC 0.00009775
12.03.2019 BTC 0.00009793
12.02.2019 BTC 0.00009805
12.01.2019 BTC 0.00009820
11.30.2019 BTC 0.00009845
11.29.2019 BTC 0.00009820
11.28.2019 BTC 0.00009825
11.27.2019 BTC 0.00009845
11.26.2019 BTC 0.00009860
11.25.2019 BTC 0.00009855
11.24.2019 BTC 0.00009878
11.23.2019 BTC 0.00009825
11.22.2019 BTC 0.00009855
11.21.2019 BTC 0.00009853
11.20.2019 BTC 0.00009960
11.19.2019 BTC 0.00009970
11.18.2019 BTC 0.00009950
11.17.2019 BTC 0.00009925
11.16.2019 BTC 0.00009940
11.15.2019 BTC 0.00250668
11.14.2019 BTC 0.00009960
11.13.2019 BTC 0.00010016
11.12.2019 BTC 0.00009961
11.11.2019 BTC 0.00009949
11.10.2019 BTC 0.00010099
11.09.2019 BTC 0.00010033
11.08.2019 BTC 0.00010091
11.07.2019 BTC 0.00009314
11.06.2019 BTC 0.00009324
11.05.2019 BTC 0.00009322
11.04.2019 BTC 0.00009317
11.03.2019 BTC 0.00009266
11.02.2019 BTC 0.00258524
11.01.2019 BTC 0.00009288
10.31.2019 BTC 0.00009283
10.30.2019 BTC 0.00009288
10.29.2019 BTC 0.00009323
10.28.2019 BTC 0.00009343
10.27.2019 BTC 0.00009351
10.26.2019 BTC 0.00009296
10.25.2019 BTC 0.00009215
10.24.2019 BTC 0.00009435
10.23.2019 BTC 0.00009725
10.22.2019 BTC 0.00009697
10.21.2019 BTC 0.00009705
10.20.2019 BTC 0.00009685
10.19.2019 BTC 0.00009697
10.18.2019 BTC 0.00009700
10.17.2019 BTC 0.00009705
10.16.2019 BTC 0.00009700
10.15.2019 BTC 0.00009695
10.14.2019 BTC 0.00009685
10.13.2019 BTC 0.00009680
10.12.2019 BTC 0.00009675
10.11.2019 BTC 0.00009665
10.10.2019 BTC 0.00009790
10.09.2019 BTC 0.00009855
10.08.2019 BTC 0.00009865
10.07.2019 BTC 0.00009870
10.06.2019 BTC 0.00317598
10.05.2019 BTC 0.00009930
10.04.2019 BTC 0.00009935
10.03.2019 BTC 0.00009915
^(Higher output Realized)
10.02.2019 BTC 0.00004963
10.01.2019 BTC 0.00004955
30.09.2019 BTC 0.00004960
29.09.2019 BTC 0.00004968
27.09.2019 BTC 0.00004975
26.09.2019 BTC 0.00004985
26.09.2019 BTC 0.00005376
25.09.2019 BTC 0.00005543
24.09.2019 BTC 0.00005778
23.09.2019 BTC 0.00006243
22.09.2019 BTC 0.00006289
21.09.2019 BTC 0.00006311
20.09.2019 BTC 0.00006386
19.09.2019 BTC 0.00006302
18.09.2019 BTC 0.00006377
17.09.2019 BTC 0.00006406
16.09.2019 BTC 0.00006404
15.09.2019 BTC 0.00254080
14.09.2019 BTC 0.00006476
13.09.2019 BTC 0.00007529
12.09.2019 BTC 0.00007505
11.09.2019 BTC 0.00007405
10.09.2019 BTC 0.00007466
09.09.2019 BTC 0.00007544
08.09.2019 BTC 0.00007544
07.09.2019 BTC 0.00007574
06.09.2019 BTC 0.00007652
05.09.2019 BTC 0.00007630
*(4x daily output realized)
04.09.2019 BTC 0.00001803
03.09.2019 BTC 0.00001801
02.09.2019 BTC 0.00001621
01.09.2019 BTC 0.00001411
31.08.2019 BTC 0.00001714
30.08.2019 BTC 0.00001704
29.08.2019 BTC 0.00001674
28.08.2019 BTC 0.00001871
27.08.2019 BTC 0.00001982
26.08.2019 BTC 0.00002078
25.08.2019 BTC 0.00001947
24.08.2019 BTC 0.00001951
23.08.2019 BTC 0.00002040
22.08.2019 BTC 0.00001929
21.08.2019 BTC 0.00001988
20.08.2019 BTC 0.00002210
19.08.2019 BTC 0.00002174
18.08.2019 BTC 0.00002194
17.08.2019 BTC 0.00002144
16.08.2019 BTC 0.00002123
15.08.2019 BTC 0.00002030
14.08.2019 BTC 0.00002206
13.08.2019 BTC 0.00002444
12.08.2019 BTC 0.00002570
11.08.2019 BTC 0.00002554
10.08.2019 BTC 0.00002612
09.08.2019 BTC 0.00002707
08.08.2019 BTC 0.00002694
07.08.2019 BTC 0.00002669
06.08.2019 BTC 0.00002654
05.08.2019 BTC 0.00002604
04.08.2019 BTC 0.00003030
03.08.2019 BTC 0.00003011
BTC mining, BTC balance of 0.00002773 added to your account on 2019-08-02
BTC mining, BTC balance of 0.00002677 added to your account on 2019-08-01
BTC mining, BTC balance of 0.00002559 added to your account on 2019-07-31
BTC mining, BTC balance of 0.00002508 added to your account on 2019-07-30
BTC mining, BTC balance of 0.00002450 added to your account on 2019-07-29
BTC mining, BTC balance of 0.00002545 added to your account on 2019-07-28
BTC mining, BTC balance of 0.00002632 added to your account on 2019-07-27
BTC mining, BTC balance of 0.00002746 added to your account on 2019-07-26
BTC mining, BTC balance of 0.00002621 added to your account on 2019-07-25
BTC mining, BTC balance of 0.00002762 added to your account on 2019-07-24
BTC mining, BTC balance of 0.00002860 added to your account on 2019-07-23
BTC mining, BTC balance of 0.00002926 added to your account on 2019-07-22
BTC mining, BTC balance of 0.00003005 added to your account on 2019-07-21
BTC mining, BTC balance of 0.00002924 added to your account on 2019-07-20
BTC mining, BTC balance of 0.00002769 added to your account on 2019-07-19
BTC mining, BTC balance of 0.00002514 added to your account on 2019-07-18
BTC mining, BTC balance of 0.00002694 added to your account on 2019-07-17
BTC mining, BTC balance of 0.00002862 added to your account on 2019-07-16
BTC mining, BTC balance of 0.00002972 added to your account on 2019-07-15
BTC mining, BTC balance of 0.00003218 added to your account on 2019-07-14
BTC mining, BTC balance of 0.00003323 added to your account on 2019-07-13
BTC mining, BTC balance of 0.00003325 added to your account on 2019-07-12
BTC mining, BTC balance of 0.00003608 added to your account on 2019-07-11
BTC mining, BTC balance of 0.00004044 added to your account on 2019-07-10
BTC mining, BTC balance of 0.00004399 added to your account on 2019-07-09
BTC mining, BTC balance of 0.00004200 added to your account on 2019-07-08
BTC mining, BTC balance of 0.00004182 added to your account on 2019-07-07
BTC mining, BTC balance of 0.00004162 added to your account on 2019-07-06
BTC mining, BTC balance of 0.00004369 added to your account on 2019-07-05
BTC mining, BTC balance of 0.00007646 added to your account on 2019-07-04
MINING THE FUTURE bitcoin mining hardware cryptocurrency
Since its birth in 2009,
Bitcoin has been on a remarkable run.
The cryptocurrency was at first a currency for the fringe — used by those that wanted to bypass the pitfalls of traditional payment solutions, wanted to make a bet on the future of fintech, or wanted to make a statement against the fiat system, which was then embroiled in the aftermath of 2008’s Great Recession. Now, Bitcoin has entered the mainstream, frequenting the headlines of mainstream media outlets and becoming a part of the world’s vernacular.
Bitcoin's Humble Origins.
It wasn’t an easy journey for it, however. Back during Bitcoin’s earliest years, it was often ridiculed by cynics who claimed that the project was nothing more than a currency for criminals. What’s more, no one really attributed value to the coins.
But, this changed seemingly for the first time in 2010,
when early adopter Laszlo Hanyecz paid 10,000 BTC for some pizza. Many have argued that this is the first time that BTC was assigned an actual dollar value. eToro’s Mati Greenspan has even said that without that one transaction, the industry wouldn’t be where it is today.
According to Saifedeani Ammous, an economics professor and the author of industry primer “The Bitcoin Standard,” it wasn’t Laszlo who first imbued BTC with value against fiat, it was someone else.
Ammous remarked in a recent tweet that ten years ago to this day, someone purchased 5,050 Bitcoin for $5.02 in the “first market transaction for BTC”. Today, that same sum of coins is worth some $42 million.
As the professor noted, this implies that from its first sale, Bitcoin has rallied some 838,078,685% until now. Crazy,
Congressman Patrick McHenry from North Carolina stated on more than one occasion that he expects Bitcoin to have tremendous value and utility over the long term.
“I think Libra has opened a lot of new people’s eyes about the value of cryptocurrency,” said McHenry during the interview. “Libra is not cryptocurrency, however. And we need to stop lumping it together with very real, very important projects that are out there like Bitcoin.”
McHenry clarified that he had no intention to bash Facebook or the Libra project with his comments, but for him, it’s incredibly important for the differences between Libra and a much more decentralized project like Bitcoin to be made clear.