How much bandwidth does bitcoin mining take?
Nearly zero bandwidth is used for mining if the mining procedure is solo. In case of solo mining, a local bitcoin is needed which is supported by zero bandwidth. However, if the mining is conducted in a pool, the required bandwidth has to be moderately high. The bandwidth for bitcoin mining pool is recommended to be not more than 10 MB for each hour.
In the procedure of mining, bandwidth is not an issue. The actual issue in bitcoin mining lies in the cycles of GPU. The imperative activity involved in solo mining includes running of a node. This running node makes a constant and continuous communication with the world. However, this communication is established at low rate.
On opening a system monitor running on Linux, after some point of time it is observed that the network sends and receives messages. As per netlimiter monitor, a report of 2011 suggests that carrying out mining procedure, utilizing gui-miner ensures a transfer of around 280 MB each month. In terms of consumption of bandwidth, bitcoin mining does not consume a huge amount.
Even if mining is conducted in a personal computer with proper equipment or in a bitcoin mining rig involving innumerable miners, bandwidth requirement is low. The miners on internet have themselves affirmed the fact that bandwidth needed for mining activities is extremely low. At times, the band width is preferred at 2 MB for every hour.
In case of mining rigs, a number of miners are involved in the procedure. This makes the entire system different. The team work in mining rigs demand more connectivity. This process is less about individual work.
However, this group involvement does not lay impact on the consumption of bandwidth. The utilization capacity of bandwidth is quite low. Since the consumption of bandwidth is as low as 10 MB every hour, hence the cost involved is equally low.