DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

THE DEVCOIN AND DEVTOME PROJECTS ARE BOTH VERY IMPORTANT TO THE COMMUNITY. PLEASE CONTRIBUTE TO ITS FURTHER SUCCESS FOR ANOTHER 5 OR MORE YEARS!

Bitcoin Mining Now

Bitcoin mining has traveled a long way since 2009, from the humble 1.5 MH/s Intel i3 to the mighty 500 GH/s KnCMiner Jupiter. In 2009, any decent CPU could mine a block. As the total hashrate of the network increased, though, more efficient GPUs started to take over the mining scene. Eventually, slightly more cost-effective FPGAs came along, but GPU mining was still viable. Around early 2013, though, ASICs first started to circulate. ASICs have made GPU mining obsolete and will only do one thing: mine bitcoins. They are vastly faster and consume much less power. siliconangle.com_files_2013_12_bitcoin-miner.jpg

Generations

There have been four major bitcoin mining generations. The first was the CPU mining generation, then the GPU mining generation, followed by the FPGA generation, and now, the ASIC generation. There are four-sub generations, though, included in the ASIC category.

ASICs

The first generation of ASICs were 110nm, considered revolutionary at the time. Soon, though, 65nm, then 55nm and now 28nm chips hit the market, offering increased performance at a lesser price and in a smaller unit. Each generation brought a new improvement in hashpower, from 50 GH/s to 120 GH/s and now 500 GH/s! The next generation of miners, capping at over 1 TH/s (that's right, TERAhash!) will be arriving soon. At the moment, the only way to turn a profit is to wait for the current generation's miners to be sold secondhand or place preorders for the next generation. There are other ways to “mine”, though.

Cloud Mining/Hashing

Recently, some companies such as CEX.io have offered cloud mining deals. In this system, you buy a fixed number of gigahashes per second and the amount that the company mines while you hold the gigahashes is put into your account balance.

www.cca-systems.com_images_core_20i3_20550_20processor.jpg www.legitreviews.com_images_reviews_2050_sapphire-7950-dvi.jpg www.ztex.de_imgs_usb-fpga-1.15x-hs-1200.jpg cdn.arstechnica.net_wp-content_uploads_2013_06_bfl2-ext-front-oblique-640x426.jpg cointerra.com_wp-content_uploads_2013_08_front_lo-iso_nocover-600x480.jpg
From left to right:
1. An Intel Core i3 CPU
2. A Sapphire Radeon 7950 GPU
3. A Spartan USB FPGA Module
4. A Butterfly Labs 4.5 GH/s ASIC Jalapeno Miner.
5. A concept of CoinTerra's 2 TH/s TerraMiner IV (Coming Soon)

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