You don’t have permission to bitcoin conf solo mining with antminer this page. Please include your IP address in your email. Bitcoin’s Difficulty has recorded several strong and often consecutive monthly increases since its creation, and especially from late November 2015. This peak was reached on May 24th 2016.
Such tremendous growth has been spurred by major investment into Bitcoin mining technology and operations. While such growth is impressive, making Bitcoin the world’s most powerful computing network by far, one unintended consequence of such rapid growth has been increased centralisation. We have tried to calculate the amount of money that the Chinese have invested in mining, we estimate it to be in the hundreds of millions of dollars. Even with free electricity we cannot see how they will ever get this money back. Either they don’t know what they are doing, but that is not very likely at this scale or they have some secret advantage that we don’t know about. The same Chinese competitive advantage has been doubly effective at squeezing the profit-dependent hobbyist miner from the market.
At this stage, most home or office miners aren’t hashing to earn money but rather to support the network, aid decentralisation and possibly even to heat space. Verdict: Does Hobby Mining with an S9 make Business Sense? With the block reward halving looming, the profitability of all but the most efficient operations will likely be challenged. Can the new S9 change the game for smaller and hobby miners and restore their lost profitability?
Price Note: Before you buy an Antminer S9 make sure you already have Bitcoin mining software and a Bitcoin mining pool. The first batch of S9s will be available for order directly from Bitmain from the 12th of June. 2100 on Amazon, the S9 is far from cheap. However, the lower your electricity costs, the better your odds of the miner paying for itself within a reasonable timeframe. Naturally, much depends on the Difficulty and Bitcoin price. As smaller manufacturing processes become standard across the industry and as other manufacturers release competing hardware, the S9’s price can be expected to fall appreciably over the coming months. GH, is also reported to be coming soon.
Judging value in this space is a complicated exercise, although it would appear that nothing vastly technologically-superior to the S9 is likely to be released in the near future. The release cycle of a new generation of mining hardware every few months is likely to decelerate from this point on, as manufacturers have transitioned to cutting-edge 16 and 14nm designs. The S9’s 16 Nanometer Technological Advantage The on-going miniaturisation of semiconductors allows ever greater computing power and electrical efficiency, but the process cannot continue forever with the current technology. Many have remarked that Moore’s law no longer holds true, as the rate of computing speed advancement has slowed as it reaches the physical limitations of silicon semiconductor technology.