Trendy

How long does it take a supercomputer to mine 1 Bitcoin?

by Author

How long does it take a supercomputer to mine 1 Bitcoin?

No matter how many miners, it still takes 10 minutes to mine one bitcoin. At 600 seconds (10 minutes), all else being equal, it will take 72,000 GW (or 72 Terawatts) of power to mine a bitcoin using the average power usage provided by ASIC miners.

How long would it take to mine 1 BTC?

There is currently no way to mine just one bitcoin. Instead, crypto miners will mine one block, with the reward currently being set at 6.25 BTC per block. Each block takes 10 minutes to mine. This means that in theory, it will take just 10 minutes to mine 1 BTC (as part of the 6.25 BTC reward).

READ:   How do I find a long lost person?

How much energy does it take to mine 1 Bitcoin a day?

To get the daily amount of energy the network uses, we take the kWh to mine one bitcoin times the daily production rate of 900 coins. Thus, Bitcoin’s network currently consumes 128,248,199 kWh, or 128,248 MWh, or 128 GWh per day.

Is Tianhe-2 the world’s fastest supercomputer?

The job can only be done with a computer, and Tianhe-2 in nearby Guangzhou, recently crowned the world’s fastest supercomputer, would, at first glance, seem perfect for the job.

How much did it cost to build Tianhe-2?

Tianhe-2 was built by the National University of Defence Technology and is being run by Guangzhou’s city government, which met most of its 2.4 billion yuan (HK$3 billion) cost. Li Nan, its deputy chief designer, told China National Radio it showcased China’s hi-tech muscle.

How fast is China’s Tianhe-2?

In a massive escalation of the supercomputing arms race, China has built Tianhe-2, a supercomputer capable of 33.86 petaflops — almost twice as fast as the US Department of Energy’s Titan, and topping the official Top 500 list of supercomputers by some margin.

READ:   Can I do mtech chemical engineering after BTech biotechnology?

What does Tianhe-2’s win mean for China’s supercomputing power?

The Institute of Electrical and Electronics Engineers said Tianhe-2’s win “symbolizes China’s unflinching commitment to the supercomputing arms race”. In June 2013, China housed 66 of the top 500 supercomputers, second only to the United States’ 252 systems.