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Title: wtf is mining Post by: OOTOMXYZOO on November 12, 2011, 11:32:59 AM i am a a noob i saw that people mining to get btc were can i read about it and start mining myself if its even possible
Title: Re: wtf is mining Post by: worldinacoin on November 12, 2011, 11:39:53 AM Just buy a spade and keep digging.
Title: Re: wtf is mining Post by: avoid3d on November 12, 2011, 11:44:51 AM Google is your friend - jeeze
http://lmgtfy.com/?q=bitcoin+mining Title: Re: wtf is mining Post by: Gabi on November 12, 2011, 11:52:11 AM i am a a noob i saw that people mining to get btc were can i read about it and start mining myself if its even possible http://www.google.comTitle: Re: wtf is mining Post by: deepceleron on November 12, 2011, 12:38:20 PM ... if its even possible Unless you have a high-end ATI Radeon 5xxx or 6xxx video card, it is not even worth your while. The difficulty of producing your own bitcoins is very high because other miners are using specialized hardware setups designed specifically for mining (and Bitcoins are produced at a set rate). You can explore the mining subforum (https://bitcointalk.org/index.php?board=14.0) and see what the miners are talking about.Title: Re: wtf is mining Post by: SodColin on November 12, 2011, 02:38:59 PM https://en.bitcoin.it/wiki/Category:Mining
Title: Re: wtf is mining Post by: DeathAndTaxes on November 12, 2011, 08:33:18 PM You need a special mining shovel. Don't worry I have an extra I would be willing to sell you.
Seriously mining = hashing blocks = makes network secure. Miners are paid a reward of 50 BTC when they find the "solution" for a block. Given the difficulty in finding a solution most miners/hashers work in pools to split the reward when anyone in the pool solves a block. |