What is bitcoin miner?

January 13, 2017 Bitcoin Miner 13 Comments

What is bitcoin miner What is bitcoin miner

Bitcoin miner is a hardware which bitcoin manufactures for us. After having installed some software in it, we can configure

Bitcoin Miner in Pakistan

Bitcoin Miner in Pakistan

it in mining. After that, it is kept on 24 hours running. Then it generates bitcoin for us and that is our earning. In the early days of 2009, A simple computer was used for bitcoin mining. Then in 2010 and 2011. Gpu Rig was used for bitcoin mining. In 2013,a company (Bitmain) prepared a Model S1 180Gh/s by the name of Asic(application specific integrated-circuit) miner. Later on many upgrade models S2, S3, S4, S5, S7 and S9 prepared. Now latest model Antminer S9 speed is 14Th.

 

As the hash rate increased on bitcoin network, Bitcoin mining became slow. This process is called bitcoin difficulty. Because of bitcoin difficulty, Asic Bitcoin miner upgraded very fast..

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13 Comments

  1. Zubair Ahmed • January 20, 2017 at 8:59 pm

    Thanks for explaining in very nice way
    Hope to see more articles from your side
    To explain in more easy way than people can understand easily

    Reply
  2. Atif Liaqat • June 29, 2017 at 9:23 am

    When is bitcoin going to betray the users and destroy all sources Mr. Ghulam? Definitely one day its going to happen. Also it seems helping in an illegitimate financial system. If it would be halal then i would still dont buy ant series and buy gpu rigs instead because they can at least sell even after bitcoin gets removed. Am I right Mr. Ghulam?

    Reply
  3. Hafeez ur Rehman • November 21, 2017 at 10:24 am

    Dear brother what are the rates of Bitcoin minners and how much earning is possible with those rigs? Kindly reply me in your earlier moments. Thanks
    My Cell: 0324-5977117
    City: Chakwal (Pakistan)

    Reply
  4. Raja M Tariq • January 17, 2018 at 6:25 am

    Aoa, Hope that you will be f9, i’ll have read your mentioned details about mining of different cryptocurriencies. So now i am interested to make setup for mining it is possible you provide me consultancy how i can to built a profit able mining

    Reply
  5. Thomas • February 20, 2018 at 10:40 am

    Is this device can use to mine any coin ?

    Reply
  7. azhar ali • April 18, 2021 at 7:47 pm

    Kindly get in touch with me on this number whatsapp or call 03009671897

    Reply

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