https://www.hydrominer.org/
Abstract
The emergence of a large mining center professionally makes the mining dominance of Bitcoin. It seems exactly the same as gold mining. Especially, how is the role of large companies in gold mining that has caused much damage to the environment.
While in Bitcoin, it probably will not be that big as the impact. However, Bitcoin mining also requires enormous energy. Indirectly, it will also affect the currency, as well as the environment.
There is a law of physics known as Landauer's principle, by Ralph Landauer in 1960. In the laws of physics it states that any non-reversible computation would require a minimum amount of energy. Logically, any irreversible computing is considered to be a loss of information. Especially, in the principle of the laws of physics, states that every bit will consume at least (kT In 2) joules. Where K is a Boltzmann constant, or approximately 1.38 × 10-23 J / K. There, T is the temperature of the circuit in Kelvin size, and In 2 is the usual algorithm of 2, or approximately 0.69. This small sum is the amount of energy per bit. From this law of physics, explaining that a computation, will require energy that can be calculated per bit.
While SHA256, there is a presume is not a reversible computing. Described in the laws of physics above, that any non-reversible computing will require energy, and SHA-256 is used as a base for Bitcoin mining. So that means, Bitcoin mining computing also requires energy.
Bitcoin mining, can not deny it will consume energy consumption. Although, the amount of energy used is still far from the total electrical energy used in the world today. But the reality is Bitcoin mining does require electrical energy.
On the mining device would need to be produced. Both when still in the form of physical raw materials, then turn them into Asic mining devices. And from the process will also require energy. As for the delivery of finished products Asic devices to consumers, also consume energy in the delivery. Then, continuing again after the device is used for Bitcoin mining, computing devices will also consume energy.
From the level of energy consumption that has been going on in Bitcoin mining today, many expectations will be able to lower the level of energy consumption. Especially in the Bitcoin mining process. Let's take a closer look at the level of energy consumption in Bitcoin.
As explained above, that when Bitcoin mining is done will consume electricity, ie electricity. Likewise, when using Asic devices. In the development of mining devices, you can say there is a decline and the effectiveness of the use of electrical energy.
But when Asic comes in, although in the end there is the development of Asic devices that allow to consume less electricity, but can be said, because Asic also hash rate in Bitcoin network increased rapidly. And it also implies an increase in electricity consumption for Bitcoin mining.
hydrominer |solution mined bitcoin with maximum profit
HydroMiner is a crypto currency mining company using green energy drawn from hydro power stations in the Alpine region of Europe. Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources.
Where possible, mining equipment is built inside standard sea freight containers.The average cost for one fully equipped container is between 350.000 and 650,000 USD, depending on the hardware used and the cooling technology.we are selling H2O Tokens that will act as vouchers that can be exchanged to mining contracts on the HydroMiner platform.We will use the ICO proceeds to further scale up our mining operation in additional hydro power stations.
Over the past four years, the HydroMiner team has built over 20 mining facilities, from small in-house mining stations to large farms, mainly in power stations and containers. Almost all of the facilities are aircooled and vary in size and output. Over time, we have come to the conclusion that hydro power stations are ideal for crypto mining, because of the low energy cost and because the water can be used for cooling. The use of containers is a good solution when it comes to flexibility, density and profitability, and can be implemented in almost every location.
currencies to mine
As of September 2017, mining Ether is still very profitable because of the potential growth of the Ethereum platform in the next 1-2 years. Analysts generally agree that the Ethereum platform still has a lot of potential and that price might surge as high as 500 $ by end of 2018. One of the big question marks about Ethereum is the introduction of the so-called PoS, Proof of Stake, which Vitalik Buterin is planning to introduce in a future “Casper” release of Ethereum – still no date has been planned nor confirmed. The POS concept is very different from the current PoW (proof of work) that Ethereum is using. With Casper, virtual miners, known as validators, commit money to the system with the understanding that they will lose their deposits if they don’t follow the rules. The Ethereum community is quite divided on the matter – it might be that a PoS on Ethereum never sees the light
mining contracts will be based on kwH. With the difficulty and profitability as of October 2017, the performance that one would receive is as follows:
more details read whitepaper
token details and ico
- Address: 0x7bE6327D21414a9Da0CCB92925479530AFf89E6a
- Decimals: 18
- Token Symbol: H2O
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