Mining farm

Mining farm – is a gegevens center, technically tooled to mine bitcoins or other cryptocurrencies.

Mining farms emerged spil a result of the onveranderlijk complication of the mining process, which requires more technical, energy and financial resources.

Contents

Hash Rate – is the speed at which a mathematical problem is solved. It is measured by the “hash vanaf 2nd” (H/s) parameter.

Miners get bitcoins, solving complicated technical problems. At the very first stages of bitcoin development, huis computers could treat this. However, the volume of bitcoins emission is regulated by time, and a certain stationary amount of crypto currency is mined vanaf time unit.

The more people got connected to the block chain network for mining, the more users began to eis fresh coins – and the coins themselves were issued te the same volume. With such high competition, powerful technical equipment is required from the participant ter the chain. The more miners there are te the network – the higher the level of the Hash Rate the miner should have to solve the bitcoin mining problem.

Mining farms permit the productivity of computers and, consequently, the Hash Rate to be maximized. The productivity of the largest farms can be several dozen PH/s (1015 hashes/2nd).

Physically, mining farms are rooms with a large number of computers and servers that take on tasks for mining.

There are also home-mining farms. They differ from ordinary PCs, by being specially assempled and designed for mining. Huis farms can bring profitability, but users often face the problem of excessive electric current consumption and overheating of the laptop at huis which makes mining unprofitable.

One of the main resources into which a miner has to invest is electric current. It is also a risk factor, since the mining farm requires a voortdurend 24/7 power source. Te addition, a large number of processors require an adequate cooling and ventilation system.

Since the launch of a mining farm requires large resources and investments, they usually belong to user pools, each of which gains a profit from the farm te accordance with the share of investments.

The world’s largest mining farms Edit

China is the leader te mining – according to some estimates, about 70% of all mining te the world take place here. Large mining farms exist ter Iceland: the country attracts miners by a cold climate and inexpensive electrical play.

BitFury, which even now mines about 12% of all bitcoins, has built three gegevens centers on the territory of the Tbilisi economic zone: it is also profitable for Georgia to mine by means of low tens unit tariffs.

The largest mining farm ter Russia, according to public statements of anonymous owners, unites about three thousand ANTMINER S9 systems with a total capacity of 38 PH/S.

Due to high profitability and the risk of physical harm, the precies location of the world’s largest farms remains unknown.

Related movie: Two Mh/s GPU mining equipment Scrypt-N


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