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Mining Archive

Miners Union

Bitcoin mining operations, regulation, hardware economics, mining-finance oddities, and Miners Union-era story drafts.

2017-201926 entries37,691 words

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Miners Union

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Originally Sep 9, 2019
Miners Union

So You Want to Start Bitcoin Mining

So you want to start bitcoin mining Bitcoin mining is a perfectly legal endeavor. In order to mine bitcoins, miners run SHA256 double round hash verification processes to validate bitcoin transactions and provide...

704 words
Originally Sep 22, 2018
Miners Union

Bitmain Announces New 7nm Bitcoin Miner

Bitmain Announces New 7nm Bitcoin Miner by Rob Bitmain, the world leader in mining equipment, has finally announced their next generation Bitcoin mining ASIC leveraging 7nm technology. At a purported efficiency of...

906 words
Originally Aug 2, 2018
Miners Union

Q&A with our Mine Manager: How Many Jobs will Bitmain's US Facilities Create?

Q&A with our Mine Manager: How Many Jobs will Bitmain’s US Facilities Create? by Rob Over the last few months, Bitmain has announced their intentions to bring two mining facilities to the United States: one in Walla...

888 words
Originally Jul 1, 2018
Miners Union

Un plaidoyer ouvert au Quebec sur l'exploitation miniere de Bitcoin

UN PLAIDOYER OUVERT AU QUÉBEC SUR L’EXPLOITATION MINIÈRE DE BITCOIN by Rob A la fin de 2017, il semblait que vous alliez être le Galt’s Gulch de crypto-monnaie, un endroit où une nouvelle vague d'entrepreneurs pourrait...

952 words
Originally Jun 23, 2018
Miners Union

Identifying 100-year-old Mining Preferred Shares

Identifying 100-year-old Mining Preferred Shares by Rob The Miners' Union Unravels a 100-Year-Old Mystery of Shindig Mining Preferred Shares We think a little brevity is needed in light of the recent crypto-recession....

510 words
Originally Jun 21, 2018
Miners Union

An Open Plea to Quebec on Bitcoin Mining

At the close of 2017, it looked as if you were going to be the Galt’s Gulch of cryptocurrency mining, a place where a new wave of entrepreneurs could establish the underpinnings of the next generation financial system...

873 words
Originally Jun 8, 2018
Miners Union

Introducing Miner247: Automated Mining Software

Introducing Miner247: Automated Mining Software by Rob Introducing Miner247: Automated Mining Software Your Trusted Friend Running a mine shouldn't have to be your day job. Hire Miner247 to do it! Miner247 is an...

493 words
Originally Mar 29, 2018
Miners Union

Laws that Bitcoin Mining is Forcing Us to Rethink

Laws that Bitcoin Mining is Forcing Us to Rethink by Rob As cryptocurrency mining becomes more popular, or merely more present in the public ethos, there’s been a number of sensationalist, clickbait headlines about the...

1,562 words
Originally Feb 5, 2018
Miners Union

Mining Calculator Extended to Siacoin and Decred

MINING CALCULATOR EXTENDED TO SIACOIN AND DECRED February 4, 2018 by Rob No comment(s) Info, Learn, News The Miners’ Union mining calculator has been extended. Supported currencies have been expanded to include Siacoin...

690 words
Originally Jan 17, 2018
Miners Union

Obelisk Tech Clients Breathe a Sia of Exasperation as Bitmain Releases Antminer A3 Miners

Obelisk Tech clients breathe a Sia of Exasperation as Bitmain releases Antminer A3 Miners Last night Bitmain announced that a new miner, the Blake2b-mining Antminer A3, is now available for sale. This beats the...

2,275 words
Originally Jan 4, 2018
Miners Union

Q1 2018 Bitcoin Mining Projections

Q1 2018 BITCOIN MINING PROJECTIONS January 4, 2018 by Rob No comment(s) News As you might have read, we are of the opinion that the two factors that need to be modeled when projecting mining returns are growth of the...

879 words
Originally Oct 14, 2017
Miners Union

A Better Mining Calculator

The current mining calculators are linear. By our observations, the key drivers to projecting mining profitability exhibit exponential behavior. A better model is needed. I’m not claiming our model is perfect – but it’s...

1,482 words
Originally Sep 11, 2017
Miners Union

Bitcoin Mining Is Not a Tax Free Exercise

Bitcoin mining is not a tax free exercise – no matter if its a hobby or for business. Knowing how taxes play a role in your bottom line is key to realizing all the benefits of dedicating your expensive hardware to...

667 words
Originally Aug 26, 2017
Miners Union

New Miners' Checklist: Excavation Preparations

Howdy Miner << Test Last Name , We're getting close to the grand opening of Mine 1 for the Miners' Union! For those of you who have already purchased mining hardware, below is a step by step guide of things to consider...

773 words
Originally Jun 22, 2017
Miners Union

The Segregated Witness v2 Autosaved

11:30 UTC-2, Southern Atlantic Ocean He flinched as the sea spray blurred the view of his phone, suddenly becoming aware of the peril involved in holding it in the open so close to the edge of the platform as the...

3,777 words
Originally Jun 22, 2017
Miners Union

The Segregated Witness v2

He flinched as the sea spray blurred the view of his phone, suddenly becoming aware of the peril involved in holding it in the open so close to the edge of the platform as the helicopter blades still roared. As he...

3,772 words
Originally Mar 19, 2017
Miners Union

A More Perfect Union

This document is to serve as one of a series of thought experiments of how our world might be transformed from recent advances in technology. It should be made clear that this particular example relies on arguments that...

2,238 words
Originally Mar 19, 2017
Miners Union

Continuous Voting

This document is to serve as one of a series of thought experiments of how our world might be transformed from recent advances in technology. It should be made clear that this particular example relies on arguments that...

2,206 words
Originally Feb 12, 2017
Miners Union

The Segregated Witness

He flinched as the sea spray blurred the view of his phone, suddenly becoming aware of the peril involved in holding it in the open so close to the edge of the platform as the helicopter blades still roared. As he...

3,697 words
Originally Feb 11, 2017
Miners Union

The Room v2

He flinched as the sea spray blurred the view of his phone, suddenly becoming aware of the peril involved in holding it in the open so close to the edge of the platform as the helicopter blades still roared. As he...

3,516 words
Originally Jan 27, 2017
Miners Union

The Room

The vista was a breathtaking display of man’s hubris, succinctly encapsulating the primary flaw of it’s culture. For all its past progress and attempts at feigned unification, this room stood as a testament to humanity...

2,432 words
Originally Jan 24, 2017
Miners Union

Discretization

By mathematical definition, any mapping from a continuous system to a discrete one is going to have information loss. Put more simply, if you’re going to represent something by way of bite-sized chunks, or snapshots,...

252 words
Originally Jan 17, 2017
Miners Union

Squandering Resources: Backstory

“That can’t be right.” I looked to my friend as he nodded and exhaled a cloud of smoke, obscuring the dim lights of his garage. “You’re telling me, that if I buy this machine, plug it into the wall and turn it on,...

445 words
Originally Jan 16, 2017
Miners Union

Strategy

The following is a plan to redeploy the status quo and ensure a true democracy uncorrupted by decisions of the past. We should not have to live in a world constrained by the decisions made by those operating with less...

552 words
Originally Jan 15, 2017
Miners Union

Squandering Resources: Manifesto

Manifesto The ramifications of the global application and acceptance of blockchain have not been properly considered. Blockchain hashing algorithms already account for % of global energy consumption as it exists today -...

436 words
Originally Jan 13, 2017
Miners Union

Squandering Resources

Squandering Resources Racing through our planet’s gift of harnessable potential energy because we don’t trust each other. Accelerating growth, which again will accelerate if nation states get involved in an arms race....

714 words