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Author Topic: Bitcoin Gold: what exactly are we "mining"?  (Read 414 times)
davemanet (OP)
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October 18, 2017, 07:04:01 AM
 #1

With mining, we're verifying transactions when we mine, right?

So, if Bitcoin Gold is new -- exactly what transactions are being made that have to be verified if nobody is making purchases with them?

I'm just trying to get a better understanding of how it works.
bathrobehero
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October 18, 2017, 07:09:29 AM
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Mining is there to secure the network by advancing the blocks - even if they're empty.

Not your keys, not your coins!
amirulhere46
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October 18, 2017, 08:20:51 AM
 #3

Just wait and see 25 October . and you will know hehe
ZenFr
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October 18, 2017, 08:30:28 AM
 #4

With mining, we're verifying transactions when we mine, right?

So, if Bitcoin Gold is new -- exactly what transactions are being made that have to be verified if nobody is making purchases with them?

I'm just trying to get a better understanding of how it works.
BitcoinGold mining will mine transactions blocs, even if these blocs are empty.
This is true for all blockchain mining system.
It is normal if at the begining the blocks are quasi empty, then smaller to store in the blockchain.
Good_Boy
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October 18, 2017, 09:12:01 AM
 #5

1. We can mind empty blocks.
2. When the release of Bitcoin Gold blocks will not be empty so many people will send coins to exchanges.
PDAngel
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October 18, 2017, 09:34:56 AM
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1. We can mind empty blocks.
2. When the release of Bitcoin Gold blocks will not be empty so many people will send coins to exchanges.

Smiley oh i see.. i wait for FORK, actually
coinfoundry
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October 18, 2017, 10:29:19 AM
 #7

1. We can mind empty blocks.
2. When the release of Bitcoin Gold blocks will not be empty so many people will send coins to exchanges.

This. Exactly.

Miningcore.pro - Stress-Free, Reliable Crypto Mining. Period.
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