Hello everyone! newbie question I saw this video https://www.youtube.com/watch?v=uike95OzlNk and i didnt understand they say that mining is solving mathematics equation and every time you solve you rewarded by bitcoin My question is: 1. from where does come this mathematics equation? It is included in the source code of the software. but when someone thinking about the code he like " ohh ok I will create an option to mine crypt currency?"
2.who think on this mathematics equation?
The person that created the bitcoin protocol. He is (or they are) known as Satoshi Nakamoto. What I mean is The developer creating a code or something or what?3.does every coin have different mathematics equation?
Are you asking about every bitcoin? Or are you asking about other cryptocurrencies? If you are asking about other cryptocurrencies (commonly called altcoins), then that is up to the creator of the coin to decide. Some do. Some don't. If you are asking about bitcoins, then yes, the process of mining is always the same. 4.how i know the limit of the mathematics equation?
The calculation for the difficulty is included in the software. Didn't understand the answer , is there a limit for the coins? or there is infinity coins but with time its harder and harder to solve the equitation? 5.how I can know if the coin better to solve with GPU or CPU ?
Again I assume you are talking about an altcoin? Try both. See which works better. Or ask someone that knows. Bitcoin is better with hardware specially designed for the purpose. This hardware is commonly called ASIC. 6.who decide what coin is better or more value?
The users of the coin decide how much they want to pay to acquire it. |
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Check out the computer hardware section in the marketplace, there's someone selling a whole farm of cards there.
+1. OP, what do you refer with big amount first of all? investing 50-100K USD sending you a pm Hey man waiting for a PM from you THX |
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Hello guys!
Can someone please explain to me what does this contract is referring to?for what does he use? what is his purpose? i little bit information?
Thank you!
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Hello everyone and thank you for your time!
Tell me please
1. Is there a different hash rate if I mine on different OS?
2. Does anyone have pandaminer? and if he does is he flash it or change the OS and had a different results?
3.I saw there is an cable the extend the ports on the motherboard, what is the maximum you know I can put gpu cards?
4. Which cards its better to mine Nvidia or AMd or Shapiro?
Thank you for your help!
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Hello everyone and thank you for your time!
Tell me please
1. Is there a different hash rate if I mine on different OS?
2. Does anyone have pandaminer? and if he does is he flash it or change the OS and had a different results?
3.I saw there is an cable the extend the ports on the motherboard, what is the maximum you know I can put gpu cards?
4. Which cards its better to mine Nvidia or AMd or Shapiro?
Thank you for your help!
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Check out the computer hardware section in the marketplace, there's someone selling a whole farm of cards there.
Its seems that I cant find the forum cam you send me a Link to the forum? Thank you Maybe I'm being a dick but I'm not TRYING to be one ... If you can't find a subforum on this site... do you think just diving in and sinking 50k without doing some A LOT of research is wise? And regarding the subforum i though there is a sections regarding altcoins didn't thought it will be in bitcoin section |
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Check out the computer hardware section in the marketplace, there's someone selling a whole farm of cards there.
Its seems that I cant find the forum cam you send me a Link to the forum? Thank you Maybe I'm being a dick but I'm not TRYING to be one ... If you can't find a subforum on this site... do you think just diving in and sinking 50k without doing some A LOT of research is wise? . I am doing businesses not building farms there is a difference |
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Check out the computer hardware section in the marketplace, there's someone selling a whole farm of cards there.
Its seems that I cant find the forum cam you send me a Link to the forum? Thank you |
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Check out the computer hardware section in the marketplace, there's someone selling a whole farm of cards there.
+1. OP, what do you refer with big amount first of all? investing 50-100K USD |
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Hello!
I am interested to build a rig to mine I want to invest big amount can someone help me or know distributor in USA that can sell big amount of product?
Or know from where I can buy website or something a big amount?
Thanks for the help!
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Hello everyone !
Quick question, I always read there are people who do Dual mining
- what does it mean?
-Does it effect on the mining is it different from solo?
-
thank you!
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The hashrates of both cards should be similar to a great extent, it depends mostly on wether there is a great modified bios available for the card, and also depends greatly on your ram type, which you cannot find out before you open your card and test it sadly, I would get the sapphire if they're the same price if I were you, if it's more expensive then get the gigabyte.
in my country it almost 100$ difference I dont understand so much at the modification of the cards, is there any tutorial or something how to modify the cards? From what I looked there almost no one uses this cards and I cant get information on this card. and how I can know if I can modify the bios? Thanks for the help! |
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Hello everyone!
Little question I am planing to build a rig and I want to buy rx470 GPU
NOW is the hashrate of rx470 of GIGABYTE is the same as SHPPIRA SAPPHIRE ?
And where I can find the hashrate of Different GPU?
Thank you for your help!
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After reading many information on the bitcoin and other Crypto currency there one thing I dont Understand.
As I understand there is a blockchain ( where all the transaction with the coin published ) as ETH Litcoin an so on
Now as I understand Many company around the world would like to use this Technological information ( blockchain ) to improve there business ( transaction,security and so on )
And as I understand every currency have there on technology of blockchain,
Now lets say the ETH technology is better then the other Crypto currency in the market is that mean that the value of the coin will be higher?
and even more how does the technology affect the coin price?
as I understand the all purpose of the team is to build the technology that will make " the world better safer and greater " but does it effect on the coin?
there purpose is not to make coins and mine they see there as Pioneers of the Digital Age.
If you can answer this or even add information or clarification will be great!
Thank you!
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Hello everyone!
I am interested to mine And i understand that there is special machines for this but as I understand that every machine normally can produce 1 specific coin
So I am considering buying GPU ( all the computer ) and mine with him and not machines ( special miners )
My question is:
1.Does all coin mined through GPU? ( I know bitcoin is not )
2.Where I can find which coin how does He mined?
3.And is there an special company that cam produces special chip ( As ASIC for bitcoin? )
Thank you for your help!
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Hello everyone!
I am interested to mine And i understand that there is special machines for this but as I understand that every machine normally can produce 1 spesific coin
So I am considering buying GPU ( all the computer ) and mine with him and not machines ( special miners )
My question is:
1.Does all coin mined through GPU? ( I know bitcoin is not )
2.Where I can find which coin how does He mined?
3.And is there an special company that cam produces special chip ( As ASIC for bitcoin? )
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since the average diff increase is around 10% each month, you will get 10% less(well not that accurate actually less than that) each month approximately
but the diff only increase if there is enough margin of profit, right it is now with bitcoin at $1500, if the value do not increase for a long time, this scenario would be different
in soem case you could earn more as the diff would stuck there or reduce
The problem its with the same hash power the amount of eth coins that I can mine its decrease over 25-30% from Last month like you said the difficulty increase and my mining will decrease also the question is what is the mathematics equation they do ( the Calculator ) to see how much coins they will mine the is an equation for that but I dont know it ( does it difficulty/hash power * Time? ) If you know or help me the find the equation Thank you! |
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very complicated questions, i'll try to be simple.
the equation is a standard hashing one, SHA256. it's a way to take an amount of data and reduce it to a string of text that can be compared to others. mining hardware are doing the comparison, looking for a specific result.
bitcoin was developed by someone known as Satoshi Nakamoto. they used to post on this forum. we do not know if it was one person, or a group. we do not know if that's a real name. they have disappeared and not communicated without the public at all for some years.
each coin is not unique. it's more like "i have five apples, and send you three." then "i have three apples, and send you two." no one cares which specific apple it is, as long as they are all apples.
the limits of the mathematics relate to how big the numbers used in the calculations are. in simple terms, they are really, really big.
as for your 5th question, i'm not sure, honestly. other people, smarter than i am, figured that out.
the market does. people offer coins for sale at a price they want, and others either buy them at that price, or they do not. the price is adjusted as a result. if the sale price is accepted, the seller moves it higher by a small amount. if it's not accepted, he moves it lower. basic stock market stuff. sort of anyway.
i may be wrong on any or all of the above, but i think i got it. mostly.
Thank you for your response My friend I asked another question if you know and can help thank you |
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Hello everyone! newbie question I saw this video https://www.youtube.com/watch?v=uike95OzlNk and i didnt understand they say that mining is solving mathematics equation and every time you solve you rewarded by bitcoin My question is: 1. from where does come this mathematics equation? It is included in the source code of the software. 2.who think on this mathematics equation?
The person that created the bitcoin protocol. He is (or they are) known as Satoshi Nakamoto. 3.does every coin have different mathematics equation?
Are you asking about every bitcoin? Or are you asking about other cryptocurrencies? If you are asking about other cryptocurrencies (commonly called altcoins), then that is up to the creator of the coin to decide. Some do. Some don't. If you are asking about bitcoins, then yes, the process of mining is always the same. 4.how i know the limit of the mathematics equation?
The calculation for the difficulty is included in the software. 5.how I can know if the coin better to solve with GPU or CPU ?
Again I assume you are talking about an altcoin? Try both. See which works better. Or ask someone that knows. Bitcoin is better with hardware specially designed for the purpose. This hardware is commonly called ASIC. 6.who decide what coin is better or more value?
The users of the coin decide how much they want to pay to acquire it. Thank you for your response! you answers and explain most of my questions thank you for that! Regarding question number 1 "It is included in the source code of the software" The thing I didn't understand is does someone create a software with mathematics equation and for solving them there is a reward for that? Why do people create this software? does every software have sort of coins or have sort of mathematics equation? |
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