Articles by "Hardware"
Showing posts with label Hardware. Show all posts

ASIC Hardware for Bitcoin Mining


Mining Bitcoin has become a hobby, fun and even profitable and get the best and most efficient Bitcoin mining hardware.

Competitive bitcoin mining. It is not ideal for most people to mine because China's cheap electricity allows it to dominate the mining market. If you want bitcoin then you better buy bitcoin.

Comparison of Bitcoin Mining Hardware



What is ASIC Bitcoin Miners?

Since it is now impossible to profitably mine Bitcoin with your computer, you will need special hardware called ASIC.

This is what looks like a ASIC miner:


Dragonmint 16T

Initially, the creator of Bitcoin aimed to have Bitcoin mined on your CPU (laptop or desktop computer). However, Bitcoin miners find that they can get more hashing power from the graphics card. The graphics card is then exceeded by ASIC (Application Specific Integrated Circuits).

Think of ASIC Bitcoin as a special Bitcoin mining computer, Bitcoin mining engine, or "bitcoin generator".

At present all serious Bitcoin mining is done on ASIC dedicated Bitcoin mining hardware, usually in thermally regulated data centers with low-cost electricity.

Profitability Factor

The price of Bitcoin and the total network hash level are two main factors that will affect your profitability.

Our calculator is more accurate than the others because our calculator assumes a daily increase of 0.4527678% in-network hash levels. This has been an average daily increase over the past 6 months.

Most other calculators DO NOT include this metric which makes mining seem far more profitable than it really is.

Bitcoin Mining Hardware Company

Halong Mining - Halong Mining is the latest mining hardware company. They have the best miners available. Unfortunately, they have already been sold out of their first batch but new batches must be immediately available for sale.

BitMain - BitMain creates an Antminer path from Bitcoin miners. Read more! Bitmain Launches New Mining Equipment for Bitcoin.

BitFury - BitFury is one of the largest producers of Bitcoin mining hardware and chips. Hardware is not available for purchase.

Bitcoin Mining Equipment

In addition to ASIC Bitcoin mining, you need some other Bitcoin mining equipment:

Power Supply - Bitcoin rigs require special power supplies to efficiently distribute and use electricity.

Cooling Fan - Bitcoin hardware can easily heat up and stop working. Buy a cooling fan that is enough to keep your hardware functioning.

Backup generator - You might want a backup generator if your main power source goes down. Readmore! Free bitcoin mining without investment.

Ledger Nano X.

Ledger Nano X - Restore from a recovery phrase


Return the Ledger Nano X device from your recovery phrase to recover, replace, or back up your Ledger hardware wallet. Ledger Nano X will recover your private key supported by your secret recovery phrase.

Or, set it as a new device to generate a new private key and write a new recovery phrase.

What do you need

  • The Big Book Nano X.
  • Get a recovery phrase to recover. BIP39 / BIP44 recovery phrases supported.
  • The device is at least an iOS 9 or Android 7 smartphone or a computer with at least Windows 8 (64-bit), macOS 10.8, or Linux.
  • The Ledger Live application is downloaded and installed.

Step by step

Ledger Live displays interactive settings commands. Simply open the application to get started.

Step 1. Restore from the recovery phrase

  1. Press the button next to the USB port until the Ledger brand seems to show on the device. Important note: If you keep pressing the button, you will access the "Bootloader" menu. You must turn off the device and restart.
  2. Read the instructions on the screen. Press the right button to continue or the left button to go back.
  3. Press both together when Restore from the recovery phrase is displayed.

Step 2. Select your PIN code

  1. Press both buttons when Select PIN code is displayed on the device.
  2. Press the left or right button to select numbers. Press both buttons to validate the numbers.
  3. Select ✔️ to confirm your PIN code is 4 to 8 digits. Select ✖️ to delete numbers.
  4. Enter the PIN code again to confirm.

🛡️Security tips

✔️Choose your own PIN code. This code unlocks your device.
✔️Use 8 digits for optimal security.
✔️Never use the device that came with the PIN code and / or recovery phrase.
✔️Contact Ledger Support if there are doubts.

Step 3. Enter your recovery phrase

  1. Select the length of your recovery phrase (12, 18 or 24 words). Press both buttons to validate. Make sure the correct length of the recovery phrase is selected. Always enter all words from the recovery phrase.
  2. Enter the first letter of Word #1 by selecting it with the right or left key. Press both keys to validate each letter.
  3. Choose Word #1 from the suggested words. Press both buttons to validate.
  4. Repeat this process until the last word of your recovery phrase.
  5. Your device is ready to display after you successfully complete the setup process. Press both buttons to Access the Dashboard. You will then arrive at the Dashboard.

🛡️Security tips

✔️Anyone who has access to your recovery phrases can take your assets. Store safely.
✔️The ledger does not store your 24-word backup. Make sure you are the only holder.
✔️Never use the device that came with the recovery phrase and / or PIN code.
✔️Contact Ledger Support if there are doubts.

Invalid recovery phrase?

  • Make sure the correct length of the recovery phrase is selected. Always enter all words from the recovery phrase.
  • Make sure the order of words entered on the device matches the order on your Recovery sheet.
  • Check that all words from your recovery phrase are in the BIP39 word list.

🛡️Security tips

When you don't use Ledger Nano X, make sure to lock it to make sure no one else can use your device.

The next step

You have successfully recovered the private key that is linked to the recovery phrase on your device.
  • Check these tips on how to secure your recovery phrase and PIN code.
  • Install the application on your device and add an account on Ledger Live.
  • Receive and send crypto assets.

Good luck, hopefully this explanation can help you.