Bitcoin Tutorials - Herong's Tutorial Examples - v1.06, by Herong Yang
Bitcoin Mining Farm
This section describes what is Bitcoin mining farm.
If one Bitcoin miner is not fast enough, can we build a mining farm with thousands of miners attached to work together? The answer is yes.
Here is an example, "The Largest Bitcoin Mining Farm in Russia" described at https://www.youtube.com/watch?v=SXzHCiUyEVg. It runs 3,000 Antminer S9 together to get a performance of 42,000 TH/s. It will take about 2 days to mine a new Bitcoin block:
8 ZH / (42,000 TH /second) = 8,000,000,000 TH / (42,000 TH /second) = 190,476 seconds = 3,175 minutes = 52 hours = 2 days
A single mining farm is still too slow. Nobody wants to wait for 2 days to confirm a Bitcoin transaction.
Below is a picture of a Bitcoin Mining Farm in Russia:
Table of Contents
Computation Effort of Bitcoin Mining
Bitcoin Mining Machine - "Miner"