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Author Topic: Mining - Help!  (Read 213 times)
GeorgeEden (OP)
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November 22, 2017, 10:48:46 PM
 #1

So if theres some1 willing to help me out ill be glad!
Where is the block they are mining based? Which algorithm and is there an end of it? Or as long as the number grows its never gona stop?

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DIW ◈    DIWtoken.com    ▐   WHITEPAPERANN THREADTELEGRAM   ▌    SECURITY DECENTRALIZED
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Wwac
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Hostyourminer.com THE miner Colocation


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November 22, 2017, 11:39:59 PM
 #2

What do you exactly mean? The algorithm of bitcoin is sha-256.
The good thing about btc is that it's finite. So eventually the miners will only be used for the transactions.

Hostyourminer.com

Makes hosting a single miner profitable!
BitMaxz
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November 22, 2017, 11:44:13 PM
 #3

So if theres some1 willing to help me out ill be glad!
Where is the block they are mining based? Which algorithm and is there an end of it? Or as long as the number grows its never gona stop?
I think better to  search more in google about mining or watch a youtube video about mining so that you can understand more about mining..
There is a pool server that you need to use with the script to mine coins.
For additional understanding about mining check this both site

- https://www.youtube.com/watch?v=GmOzih6I1zs
- https://www.bitcoinmining.com

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GeorgeEden (OP)
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November 22, 2017, 11:59:51 PM
 #4

So if its finite , even if its like sooner or later. That means the token prices will rise. Because there wont be any new blocks. Am I right?

@BitMaxz Well i do its just i need some extra help.

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DIW ◈    DIWtoken.com    ▐   WHITEPAPERANN THREADTELEGRAM   ▌    SECURITY DECENTRALIZED
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Maveth13
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November 23, 2017, 09:25:32 AM
 #5

So if its finite , even if its like sooner or later. That means the token prices will rise. Because there wont be any new blocks. Am I right?

@BitMaxz Well i do its just i need some extra help.

The supply of bitcoins itself is what's finite, not the blocks. Blocks will still continue to be created even when all the coins are mined as long as there are transactions being done by users. Blocks are permanent records of transactions.
geraldgold
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November 23, 2017, 01:24:16 PM
 #6

blocks and difficulty are connected then.

keep it up.
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