A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Could someone ELI5 the idea of mining for bitcoin even though someone "created it"?
So, someone made bitcoin. But people have to mine them by breaking complex math problems. Where do those math problems come from? Who is the one granting out the bitcoin for solving the problems? Why can't someone just program some more bitcoins into their online wallet?
The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce Bitcoins into the system: Miners are paid any transaction fees as well as a "subsidy" of newly created coins.
Mining for the first time since 2013,,,, spending BTC to buy cloud mining for Bitcoin cash!!!! great way to invest while mining is easy.
Spend some bitcoin to buy hashing power and you can point it at the bitcoin cash network. A great way to support the new network as well as earn some cheap bitcoin cash coins while the difficulty is low. Mining again.........I never thought I would see the day. The miners have not really jumped on the bandwagon yet, but they will. In the meantime the difficulty is low and the profits in dollars may not be better than mining bitcoin but when bitcoin cash flips over and becomes worth the 2800 dollars it will be pretty damn profitable then. Bitcoin.com makes it easy, set up in a few minutes and your done. Turning BTC to BCH and when the flippining happens your all set. A great way to support the network and mine some easy coins over the next few months while the getting is good.
The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. How Bitcoin Mining Works. Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine ... Bitcoin Mining ist ein Prozess, bei dem Rechenleistung zur Transaktionsverarbeitung, Absicherung und Synchronisierung aller Nutzer im Netzwerk zur Verfügung gestellt wird. Das Mining ist eine Art dezentrales Bitcoin-Rechenzentrum mit Minern auf der ganzen Welt. Dieser Prozess wird analog zum ... Bitcoin Mining ist der Prozess des Hinzufügens von Transaktionsdatensätzen zu Bitcoins öffentlichem Hauptbuch vergangener Transaktionen. Dieses Hauptbuch früherer Transaktionen wird Blockchain genannt, da es sich um eine Blockkette handelt. Die Blockchain dient dazu, zu bestätigen, dass Transaktionen mit dem Rest des Netzwerks stattgefunden haben. Bitcoin-Knoten verwenden die Blockchain ... Ein Bitcoin Mining Rechner ist ein Online-Calculator, der dir sagt, wie viele Bitcoin du mit einem bestimmten Mining-Gerät in einem konkreten Zeitraum verdienen würdest. Bitcoin Mining ist der Prozess, mit dem neue Bitcoin ausgegeben und Bitcoin-Transaktionen validiert werden, hier erhältst du alle Infos über Bitcoin Mining .
Best Bitcoin Mining Software That Work in 2020 🍓 - YouTube
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