Part 1
Potato chips. You can't just eat one, am I right? That's how mining has become for me. It's always just a little more mining power. Like reaching in and grabbing a couple of extra chips and before you know it, the entire bag is empty. But in the case of mining, there will always be something left in the bag. You can trade various coins, set up more rigs or upgrade your current hardware.
Sunday, April 20, 2014
Sunday, April 6, 2014
Adventures in Bitcoin
Part 2
Over the last few months, I decided to try my hand at mining Bitcoins\Cryptocurrency. Recently, I found the best way to get started is to mine what are called Altcoins. Bitcoins and a few others are based on SHA256 hashes which are easier to verify transactions and therefore there are ASIC or Application Specific Integrated Circuits that can mine very fast. Because of this, the network difficulty becomes very high and therefore takes more power for the same reward. Basically you get a reward for mining which is providing processing power to verify transactions. Once the network agrees that a transaction is valid, it then confirms the transaction. Altcoins are based on Scrypt mining which is more memory intensive, so using your GPU to mine is still profitable. Profitability meaning you receive enough to cover your cost of hardware, power usage and a little extra for the wallet. Covering your cost of hardware can take a few weeks to a few months depending on how much you invest and your hash rate. One thing to keep in mind is even if you are not receiving very much, you are also mining for future profits. The idea being that the few Bitcoins/Altcoins you acquire now, will be worth much more in the future. (Some people have become wealthy due to mining Bitcoins a year ago.) In most cases I wouldn't have any expectations of getting rich or anything but it is a fun learning experience.
Over the last few months, I decided to try my hand at mining Bitcoins\Cryptocurrency. Recently, I found the best way to get started is to mine what are called Altcoins. Bitcoins and a few others are based on SHA256 hashes which are easier to verify transactions and therefore there are ASIC or Application Specific Integrated Circuits that can mine very fast. Because of this, the network difficulty becomes very high and therefore takes more power for the same reward. Basically you get a reward for mining which is providing processing power to verify transactions. Once the network agrees that a transaction is valid, it then confirms the transaction. Altcoins are based on Scrypt mining which is more memory intensive, so using your GPU to mine is still profitable. Profitability meaning you receive enough to cover your cost of hardware, power usage and a little extra for the wallet. Covering your cost of hardware can take a few weeks to a few months depending on how much you invest and your hash rate. One thing to keep in mind is even if you are not receiving very much, you are also mining for future profits. The idea being that the few Bitcoins/Altcoins you acquire now, will be worth much more in the future. (Some people have become wealthy due to mining Bitcoins a year ago.) In most cases I wouldn't have any expectations of getting rich or anything but it is a fun learning experience.
Monday, March 31, 2014
Arduino Yún - Power Usage
Last year during Black Friday weekend, I broke down and bought an Arduino Yún from Pololu. They had some great sales and I just couldn't pass it up. If you haven't heard of Pololu, go check them out right now. I'll wait till you get back. See? They have great electronics and tons of robot stuff. I love their power boards, boost\buck boards and ones that do it at the same time. Anything you need they have it.
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| Arduino Yún with USB Tester |
Saturday, March 29, 2014
Bitcoin Now Accepted!
We are happy to announce that FriedCircuits Shop now accepts Bitcoin! Products are still shown in USD but when you check out you have the option of selecting Bitcoin and it will show the total at the current exchanges rates. We are using Coinbase.com as the payment processor so if you have a Coinbase account you pay directly that way. If not, you can scan the QR code to pay with your mobile app, of course you can just copy and paste the wallet address and the amount to pay to use with your desktop app. Once payment is sent, just click confirm. It's that easy!
We are all for supporting the Bitcoin community. We'd like to help it grow to become a more dominant currency for everyone, not just for us Tech savvy types.
Friday, February 14, 2014
A Day in the Life of Digi-Key
We buy the bulk of our parts from Digi-Key for the products and projects we make at our home office. Prices are great and you can rest assure that you will not receive any counterfeit parts. When you order something online, I always wonder where its been and what it went through before landing into your excited hands. I recently came across this awesome slideshow from IEEE Spectrum that showcases what it's like at Digi-Key.
Thursday, February 6, 2014
USB Tester Backpack 2.0 Review
Thanks to aerodynes, for the great review of our new USB Tester and Backpack 2.0.
Read the complete review here:
http://www.aerodynes.fr/2014/02/05/friedcircuits-usb-tester-and-backpack-reloaded/
"This is a test and review of the new version of the FriedCircuits USB tester and backpack. If you read my previous articles on the backpack and its extensions, you already know that I am a big fan of this simple and very useful tool. ..."
Read the complete review here:
http://www.aerodynes.fr/2014/02/05/friedcircuits-usb-tester-and-backpack-reloaded/
Sunday, January 12, 2014
Monday, December 9, 2013
New Product: USB Tester 2.0 Bundle!
After months of development, the USB Tester 2.0 Bundle has arrived!
Currently available on Tindie and soon on Friedcircuits.us
USB Tester Bundle 2.0
USB Tester Backpack 2.0
Currently available on Tindie and soon on Friedcircuits.us
USB Tester Bundle 2.0
USB Tester Backpack 2.0
The bundle includes both a new version of the Backpack and USB Tester. At this time, the new USB Tester is only available with the bundle.
New on Backpack
- Micro USB
- Button Location on the front left
- 128x64 OLED Display (Double height of the 1.x version, easier to source)
- Voltage monitoring of the USB Data lines
- Easier access to almost all the extra GPIO’s
New on USB Tester
- Micro USB
- Separated voltage test points (Easier to attach test clips and avoid misplacing jumper)
- Better labeling
- Standard Dual Banana spacing 0.75in
- Standard test probe sized test points
New Firmware Features (Will be available for 1.x version)
- Peaks
- mWh and mAh tracking
- Big Readout Display
- JSON for serial communications
Updated Java App (Beta)
- Implemented JSON over serial
- Will save as CSV
- Add display of new data values
- Working on graphing some of the new data
We’d like to thank Ed for all of his help and contributions.
http://www.aerodynes.fr/2013/09/08/fried-circuits-tester-multiscreen-and-energy-measurement/
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