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What is Bitcoin Mining?

You most likely hear the phrase "bitcoin mining". Bitcoin mining is done using powerful computers that
solve complex arithmetic mathematical problems; These problems are so complex that they cannot be
solved manually and are complicated enough to load even incredibly powerful computers.

The result of bitcoin mining is twofold. First, when computers solve these complex mathematical
problems on the bitcoin network, they produce new bitcoins. And second, by solving mathematical
arithmetic problems, bitcoin miners make the bitcoin payment network credible and secure by verifying
transaction information.

When someone sends bitcoins everywhere, it is called a transaction. In-store or online transactions are
documented by banks, outlets, and physical receipts. Bitcoin miners accomplish the same thing by
adding transactions in "blocks" and adding them to a public ledger called a "blockchain." The nodes then
keep a record of these blocks so they can be proved in the future..

When bitcoin miners add a new block of transactions to the blockchain, part of their job is to make sure
those transactions are correct. In particular, bitcoin miners make sure that bitcoin is not duplicated, a
unique rarity of digital currencies called "dual consumption." Counterfeiting is always a problem with
printed coins.

Digital information can be reproduced relatively easily, so with Bitcoin and other digital currencies, there
is a risk that a donor will make a copy of your bitcoin and send it elsewhere while you have the original.

Bitcoin transaction confirmation.

In order for bitcoin miners to earn bitcoin by checking transactions, two things must happen. First, they
need to verify a megabyte (MB) of transactions, which in theory can be as small as one transaction, but
often several thousand, depending on how much data each transaction stores.

Second, miners must solve a complex arithmetic math problem, known as a "proof of work," to add a
block of transactions to the blockchain. Basically what they do is try to get a 64-digit hexadecimal
number named a "hash" that is small than or equal to the target hash.Not only must bitcoin miners
create the correct hash, they must also be the first to do so.

Since bitcoin mining is essentially guesswork, finding the correct answer before another miner has
almost everything to do with how quickly your computer can produce hashes. Just a decade ago, bitcoin
mining could be done competitively on normal desktops. However, over time, miners understood, that
the graphics cards that were usually used for video games were more useful and began to dominate the
game.

In 2013, bitcoin miners started using computers specifically designed to mine cryptocurrencies in the
most efficient way possible, called Application Specific Integrated Circuits (ASICs). These can range from
hundreds of dollars to tens of thousands, but their Bitcoin mining efficiency is superior.

Today bitcoin mining is so competitive that it can only be run profitably with the most up-to-date ASICs,
such as the Antminer S19 Pro. When using older desktops, GPUs, or ASIC models, the cost of consuming
energy is even greater than the income generated. Even with the latest device at your disposal, a
computer is rarely enough to compete with what miners call "mining."

The Antminer S19 pro series is equipped with a new generation custom chip from Bitmain, which
achieves an energy efficiency of only 23 J / TH. This was achieved by improving the circuit architecture,
significantly improving energy efficiency. This model is Antminer S19 Pro (110Th) from Bitmain's mining
SHA-256 algorithm with a maximum hash rate of 110Th / s for a power consumption of 3250W.

Advantages of the S19 Pro:


S19 Pro This model is even more efficient compared to previous versions. Another advantage of the new
ASIC is the greater stability. The machine is equipped with an APW12 power supply and updated
firmware
How can I order?
To buy Antminer s19 pro 110 th / s, you need to fill out an application form on the website. We only
offer certified equipment. The final price of the Antminer S19 pro 110. s is available on the website. We
work with both natural and legal persons. You can pay in cash, by credit card or by bank transfer.

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