futurebit apollo profitability

Two Six Pin PCIE power connectors for wide-range of power draw (only one is needed in ECO mode) Quote from: crypto_curious on February 07, 2021, 01:54:52 PM, Quote from: kano on February 07, 2021, 10:36:15 AM. **Quiet operation is only available in ECO mode, manual speed changes or TURBO mode will significantly increase the fan RPM/Noise. 100-135+ MH/s of Scrypt performance per miner (+/- 5%) Additionally, the Apollo is a Bitcoin miner equipped with 44 ASIC chips capable of producing about 3 terahashes (Th) in mining capacity. The Bitcoin blockchain is ruled by the laws of physics and more precisely, entropy as a consequence to the first law of thermodynamics. Download: MultiMiner for Windows, Mac, and Linux (Free). But in November 2010, Satoshi observed the rise of Slush Pools collaborative approach a discovery that would forever change the economy and game theory of Bitcoin mining. Instructions for install are here: Official FutureBit Apollo LTC Image and Support thread ----- This is a plug and play upgrade kit for Apollo users seeking to quickly upgrade their Apollo LTC devices with Full Node functionality. Download: Cgminer for Windows, Mac, and Linux (Free). Readers like you help support MUO. I have enjoyed it so far, just over a week. https://bitcointalk.org/index.php?topic=4974036, https://bitcointalk.org/index.php?topic=2125643.0, Quote from: jstefanop on February 07, 2021, 05:02:05 PM, Quote from: jstefanop on February 07, 2021, 09:21:00 PM, https://www.cryptocompare.com/mining/calculator/btc?HashingPower=2.7&HashingUnit=TH%2Fs&PowerConsumption=250&CostPerkWh=0.12&MiningPoolFee=1, Troubleshooting & repair guide for AvalonMiner 721 741 761 821 & 841, Notes from my journey visiting Canaan Creative in March 10-15, 2018, Quote from: HagssFIN on February 08, 2021, 12:18:04 AM, https://whatsminer.net/product/asic-chips-for-m30-series/, Quote from: HagssFIN on February 08, 2021, 12:39:51 AM, Quote from: crypto_curious on February 08, 2021, 01:04:46 AM, https://bitcointalk.org/index.php?topic=45667.msg545360#msg545360, https://bitcointalk.org/index.php?topic=45849.msg548778#msg548778, Quote from: kano on February 08, 2021, 01:20:46 AM, Quote from: crypto_curious on February 08, 2021, 02:03:37 AM, Quote from: kano on February 08, 2021, 02:52:32 AM, Topic: Announcing the FutureBit Apollo BTC - A Full Node/Mining Platform for the Home! I was thinking of the Moonlander 2 but at 60 bucks and 5 kHs you would need 20 to do the same work! Home; Products; Buy Apollo BTC - A Bitcoin ASIC Miner and Desktop Class Computer running a Full Node and Much More! Mine has been running nonstop for months. But since the second half of 2021, due to Chinas authoritarian policies, the new leader in Bitcoin mining is the United States of America. Your daily crypto news habit. I would definitely break even and recover my initial investment if I could afford to HODL while the price of BTC goes up in the coming years. The small-sized machine is easy to set up, making it an ideal choice to mine LTC at home. To calculate the overall star rating and percentage breakdown by star, we dont use a simple average. Reviewed in the United States on November 26, 2019. You will need to your ownMicro SD card for the controller (unless you order with the SD card option). I would have like to see more security built in but then it is an ARM/Linux box that you can SSH into and harden yourself. Its generally agreed that after six new blocks have been mined, the costs of launching a blockchain reorganization attack are far too great to reverse an older transaction. Which means that Slush Pool only produces 4.49% of the whole Proof of Work, and my gifted Antminer S9 provides 0.000008% of Bitcoins security. The latest Batch 3 of the Apollo comes with support for a full Litecoin (LTC) Node that can run on the miner itself with the blockchain stored on a large enough USB drive plugged in to the USB port of the device. In the end, I didnt get rich mining Bitcoin. Apollo BTC - A Bitcoin ASIC Miner and Desktop Class Computer running a Full Node and Much More! Our future miners will be based on the same size/plateform and all fans/heatsinks/controllers can be reused with a simple board upgrade. I still have not tested the Dell 03MJJP with the full package + 2 standard units but I suspect It seems these pull about 270W maxed out so if you used this PSU to run 3 units you should be under the 900W this puts out on a standard plug. Because yes, miners can choose not to pick up certain transactions originating from blacklisted addresses (at the expense of not collecting the transaction fees paid). Futurebit Apollo LTC Pod ASIC Miner Features: - Compact Stand-alone Pod Style Miner (4x6x4in) that mines any scrypt based algorithm coin (Litecoin, Digibyte, Verge, Einsteinium, Gulden, etc) - Runs a Full Litecoin Node directly on the device - Very wide range of operation modes with preset ECO (quiet) mode, BALANCED, and TURBO mode. When you make a purchase using links on our site, we may earn an affiliate commission. If you are having issues logging into your unit or access its dashboard most of these issues can be resolved by simply reflashing your units SD card using etcher, please follow the instructions below Mining from home has quickly migrated towards industrial farms, and for a while most of this activity took place in China. So I should be rich, right? With it you can mine any Scrypt-based cryptocurrency and not just Litecoin (LTC), however as far as the new full node support is concerned it is only for Litecoin at the moment in order to provide more nodes to the network. Many participants are independents who switch to the pool that pays them best for their work. Users are very satisfied , giving the Apollo Go app 4.9 out of 5 stars, with more than . Since block 420.000 (July 2016) and until block 630.000 (May 2020), successfully solving the complex math problem while securing the network was rewarded with 12.5 BTC. Conversely, I wish more companies were ideologically aligned with this movement to decentralize Bitcoin mining through individual users. Do your research.. if you want to mine.. but probably better to just "invest" buy low sell high.. lot less complicated. Note that if you dont have access to powerful hardware, you can always cloud mine LTC. First miner to be fully controlled over wifi, only cable needed is power! The miner is an easy setup and has a great user interface. VoskCoin may receive compensation when affiliate/referral links are used. Older ASICs, however, tend to be less energy-efficient with reduced processing capabilities, making it difficult to turn a profit. Luckily for me, I get to keep all the BTC and my electric energy bill will be the same as every month AdventureDr was very fond of the BTCTKVR magazine and ran the ASIC miner for me from his dedicated facility. The miner itself looks quite sleek, but is not very profitable. Its time to take mining away from power hungry, loud machines only being run in centralized farms back to where it belongs; the home of every individual cryptocurrency user. The Antminer L3++, for example, is one of the most popular and cost-effective ASICs. Apollo Futurebit BTC hash rate and profitability mining Bitcoin: I have been running my Apollo Futurebit BTC on Slushpool for 4 days, gives an early indicat. Industry leading 97% efficiency 12v power-stage, with 27 ASIC chips powered in a 39 parallel/serial power arrangement Currently running in balanced. Mining Litecoin can even be more profitable if you have the proper setup. And most of the times, they need Bitcoin to bribe corrupt officials in order to be allowed to start a new life somewhere else. I review the miners specs and where you can buy it now, review my first 7 day mining profitability results, review a profitability scenario analysis, go over some pros and cons I see with this miner, and finally give my thoughts on this project overall. *wifi feature is currently in beta, and can not guarantee it will work with every router. The first batch will be a VERY limited run (under 1k units) in order to fix any . Again.. this miner is not nearly powerful nor efficient enough to EVER make money, what you spend on it will be completely lost and you will LOSE more money each day. There is nothing that nodes can do to push miners to write a certain transaction in a Bitcoin block. Apollo has its own integrated ARM based quad core controller, requiring no external computer to run, and can be managed over a simple wifi connection! I just want to know if you have any idea regarding the profitability of the Apollo BTC miner? Just like we run Raspberry Pi nodes, we ought to also have similar mining hardware and pools that support it. The competition to discover the next block was a process that all participants would pursue individually. Just wanted to share. Sure, mining pools are not companies that control every device that works for them. jstefanop has a good history here of delivering what he promises and his preorder seems both fair and transparent. It also analyzed reviews to verify trustworthiness. There's a reason this point is the last one and follows directly the 'profitability' topic. Quiet, neat miner. (FutureBit has operated as a non-profit for the past 3 years and have made just enough to pay my rent and my team). That's not Bitcoin, that Litecoin, that Charlie created as a scam - which is typical of altcoins - and not even on topic with this part of the forum. We spared no expense in designing a miner that is different, and the highest quality available in a world of expendable and quickly cycled miners. The ASIC, GPU, and FPGA miner is highly customizable, working via a command-line interface. No crazy driver installs, hard to use miner software or scripts needed. Subscribe t. I ran it for a month straight 24/7 and made $.50. In his spare time, he enjoys reading, watching movies, and listening to music. The popular software is compatible with various operating systems, including Linux, Windows, and macOS. The power supply was inadequate being a 200 W. May have burnt down my house if I hadn't found it. I bought mine direct from their website though not here on Amazon. I suspect the rise of power costs is being experienced across Europe.Rough profitability numbers (early September 2021):BTC at $50,000 = 0.2 USDBTC at $45,000 = 0.11 USDMining stats \u0026 costs : stable 24 hours at 2.437 TH, Power 159 w, my electricity 0.17 USD.Please subscribe, I would love to get to 1000 subscribers. June 25, 2021, 08:06:28 PM Last edit: June 25, 2021, 09:56:50 PM by devincrypt Since January 2009, it has managed to transition from the original design of one CPU one vote to GPU mining, and then give birth to a lucrative business of ASIC (Application-Specific Integrated Circuits, or specialized computers that can only perform one task in a very efficient way) devices. This is not financial advice, but on Vaultoro you can use bitcoin to hedge against inflation and switch to gold to avoid volatility. So in order to have your transaction included in a block, you need to pay a certain amount of BTC units for every byte of data youre going to occupy. Latest news about Bitcoin and all cryptocurrencies. Its features include remote interface capabilities, overclocking, and monitoring. In exchange for providing security to the network, Bitcoin miners also become participants in this winner-takes-it-all race. The power of this integrated platform will allow us to deliver future updates that will extend the functionality of the miner. 2023 - Bitcoin Insider - Latest news about Bitcoin and all cryptocurrencies. I ran it for a month straight 24/7 and made $.50. We are also super proud to announced that the miner is 100% fabricated, assembled, and shipped from the USA! In the true spirit of dont trust, verify, we should diminish our reliance on large-scale, compliant, and politically-fragile mining farms. Youll also need a computer that works with that hardware and the right software to mine LTC. Plus, it doesnt generate much heat like a traditional ASIC. In the whitepaper, Nakamoto even defined Proof of Work as essentially one-CPU-one-vote. For example, before starting to mine Litecoin, you need to balance the costs of setting up and running the machines with the outputs, not forgetting to factor in your electricity use. In addition, the program has a Getting Started wizard guide to help you through the process of setting up your equipment and starting to mine. FutureBit has A+ customer service. And during winter time, I can use Turbo mode to produce more heat and keep my room warm (it would actually be interesting to cut my reliance on natural gas). Too expensive for what it is. We shouldnt let it centralize in large data centres which get the cheapest electricity rates and leverage economies of scale to turn out enormous profits. In order to generate statistics, data about your country of origin, browser, operating system, and the content you access (which pages and for how long) will be stored and processed. Advertised sites are not endorsed by the Bitcoin Forum. is there . Another thing i didnt like about this was that the manufacturer forces you to donate 1% of your hashing power back to them! At 135 MH/s, the Apollo can mine over $110.00 US dollars worth of Litecoin a year provided that difficulty does not change, you do not pay any mining fees, and you do not need to pay for electricity. In addition, it allows you to choose your mining strategy and automatically mines the lowest difficulty or the most profitable cryptocurrency. https://bitcointalk.org/index.php?topic=4988526, https://bitcointalk.org/index.php?topic=5081750, https://bitcointalk.org/index.php?topic=4974036, https://bitcointalk.org/index.php?topic=2125643.0. These cookies will be stored in your browser only with your consent. FutureBit Apollo profitability | Apanel FutureBit Apollo (aka Apollo LTC Pod) Term Day Month Year Income $0.20 $6.00 $73.00 Electricity $0.34 $10.08 $122.64 Profit $-0.14 $-4.20 $-51.10 Manufacturer Model Release Size FutureBit Apollo Aug 2018 4 x 6 x 4in Algorithm Hashrate Consumption Efficiency Scrypt 135 Mh/s 200 W 1.48 j/Mh/s Scrypt 100 Mh/s The digital currency is one of the easiest cryptocurrencies to mine at home. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Very wide range of operation modes with preset ECO (quiet) mode, BALANCED, and TURBO mode. Close Menu. MultiMiner is a simple LTC mining software with an intuitive graphical interface. On average, a used Antminer S9 costs about $600 on eBay. Custom Designed all Aluminum case The FutureBit Apollo will be produced in Pre-Order Batches like the Moonlander. In countries where Bitcoin is banned or excessively surveilled, mining helps people escape Big Brother. There is actual energy cost involved in the production of every BTC unit, and its always more expensive to attack the system than to honestly participate in it. Powered by a fully integrated Quad-Core A7 ARM based controller The Apollo projectis the culmination ofyears of engineering we have learned with our Moonlander platform,andwas designed from the ground up to be a miner anyone canrun easily on their desktop at home or office. Please join our discussion at bitcointalk here for more info and updates! EasyMiner works best on x86, x86-64 machines and supports the getwork and Stratum mining protocols. New to this and doing my dd. Got my Futurebit Apollo BTC full node + ASIC up and running. We shouldnt expect others to honestly secure the Bitcoin network they have the farms, but we have the numbers. But hypothetically speaking, if a few dominant pools join forces to reorganize blocks and reverse transactions, they can pull it off. We have iterated and learned much from our first Apollo product. And within a couple of decades, the sum of fees will be greater than the block discovery reward. Jr. But yes the minimum time horizon anyone should expect a payout is at least month, which obviously halves with each hashboard you add. ), Industry leading 97% efficiency 12v power-stage, with 27 ASIC chips powered in a 3x9 parallel/serial power arrangement. This is not your typical Raspberry Pi. Funny thing is im working with a few pools to see who Im going to go with to solve the payout issue for small miners, and you were on my list to contact. Naturally, one can make two arguments: that I should get a more efficient machine (more Th/s with the same energy consumption) to make a monthly profit and eventually break even with my investment; that I should take the Antminer S9 to a place where the electricity cost makes mining profitable (as is the case of AdventureDr ). I thought wow great entry price then I searched and found out at .50 a day MAYBE !! Then immediately tell them all how dumb they are. I did the math and, if I were to run the Apollo instead of the Antminer, I would make a monthly profit of $1 (at the current BTC price).

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