BitcoinMerch Gold Nugget Miner - Home Lottery

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BitcoinMerch presents Gold Nugget, an ESP32-based hardware board with additional mining hardware, ideal for trying your luck in bitcoin search

Mining processes have become extremely expensive, noisy, and difficult to manage. ncAlmost always, the value of the mined cryptocurrey is less than the electricity consumed (not to mention hardware management). Making a profit has become a real lottery.

So? Should we abandon mining and devote our resources to pure mathematical research?

In theory, it wouldn’t be a bad idea, but sadly mathematics rewards its followers even less than mining.

So, if you’re interested in taking a shot at luck without having to spend too much, Moreware can help. You’ll surely remember our articles on the use of ultra-low-power (and high-performance) systems that allowed us to play with cryptocurrencies.

What We’re Talking About

Bitcoinmerch is a company specializing in the production of low-cost, low-power mining hardware: they often refer to ASIC cards specialized in solving blockchain algorithms. The product we’re introducing today is called Gold Nugget, and it harks back to the roaring days of Las Vegas in the 1920s: back then, people would spend a weekend looking for the lucky strike that would solve all their problems.

The Gold Nugget philosophy is more or less the same: The Gold Nugget Lottery Miner is a practical and effortless BTC mining device that allows you to generate new “lottery tickets” every 10 minutes to earn the full reward in Bitcoin blocks (3,125 BTC, equivalent to about $215,000 at today’s prices). It runs automatically, 24/7, with no setup and no effort required. Unlike actual lottery tickets, this isn’t a one-time bet: the Gold Nugget Miner is your long-term gaming companion. The longer it operates, the more tickets you’ll accumulate.

Worried about the high electricity bills often associated with BTC mining? The Gold Nugget Miner is designed to operate 24/7 at just 24 watts per day, equivalent to approximately 0.73 kWh per month (about 11 cents of dollar per month) without interruption.

For less than the price of a jellybean, you’ll have a silent device that quickly accumulates the chances of earning the 3,125 BTC block reward, day and night.

OK, where’s the scam?

There’s no scam here, really, just applied statistics: given the power consumption and processing power of the system under consideration, the hashing speed—that is, the time it takes to “solve” and release the gold nugget or bitcoin—is extremely high if you’re working alone. But ultimately, it’s the final hash calculation that guarantees victory, so if you’re (extremely) lucky, you might even work on that, earning the entire resource. Or, if luck remains a wonderful and romantic, unattainable story for us, we can participate with other miners in a “pool”: Bitcoinmerch has organized a research group in which each piece of hardware performs its own work based on its own processing capabilities, and in the event of a win (€300,000…) the loot will be divided based on the processing power entered into the pool. No huge win, but small, steady bits of bitcoin that accumulate day after day in our wallets.

At a cost of a quarter of a euro a month, it’s worth a try… Especially now that the miner is on sale at $59.99.

Instructions for setting up your miner

Set your mining pool URL to: stratum+tcp://pool.bitcoinmerch.com:3333 or stratum+tls://pool.bitcoinmerch.com:4333
Set your worker/username to your Bitcoin address (e.g., 37iU9NxW8Ye4k6v8EvJtAdRKiTwvuh72HG)
Set your worker password to any value (e.g., x)
Start your miner and monitor your stats on this page by entering your Bitcoin address above.

The default Bitcoin address on Bitcoinmerch miners is 37iU9NxW8Ye4k6v8EvJtAdRKiTwvuh72HG; change the default Bitcoin address to your own. Otherwise, all blocks found on this address will go to Bitcoin Merch LLC.

But there’s more…

Free Bitaxe Bitcoin miner EVERY month with the Whale Battle Pass.

Free Bitaxe every month? Yes, you read that right. Bitcoinmerch will deliver a free Bitaxe miner to your home every month. With your first order upon signup and with every monthly subscription renewal. Shipping is included with your first order and every renewal. Happy mining!

Prolific and verified Bitcoin block hitters
Bitaxe Gamma and more
1.2 TH/s or more guaranteed every month

The Whale Battle Pass subscription is a premium membership that entitles you to exclusive discounts, special members-only offers, and bonus benefits on BitcoinMerch.com, including access to limited drops and special promotions. Take advantage of it!

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Luigi_Morelli

Definire ciò che si è non risulta mai semplice o intuitivo, in specie quando nella vita si cerca costantemente di migliorarsi, di crescere tanto professionalmente quanto emotivamente. Lavoro per contribuire al mutamento dei settori cardine della computer science e per offrire sintesi ragionate e consulenza ad aziende e pubblicazioni ICT, ma anche perche’ ciò che riesco a portare a termine mi dà soddisfazione, piacere. Così come mi piace suonare (sax, tastiere, chitarra), cantare, scrivere (ho pubblicato 350 articoli scientfici e 3 libri sinora, ma non ho concluso ciò che ho da dire), leggere, Adoro la matematica, la logica, la filosofia, la scienza e la tecnologia, ed inseguo quel concetto di homo novus rinascimentale, cercando di completare quelle sezioni della mia vita che ancora appaiono poco ricche.