5SOLAS
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July 21, 2018, 01:02:34 PM |
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Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.
Each time a cryptocurrency transaction is made, a cryptocurrency miner is responsible for ensuring the authenticity of information and updating the blockchain with the transaction. The mining process itself involves competing with other cryptominers to solve complicated mathematical problems with cryptographic hash functions that are associated with a block containing the transaction data.
The first cryptocurrency miner to crack the code is rewarded by being able to authorize the transaction, and in return for the service provided, cryptominers earn small amounts of cryptocurrency of their own. In order to be competitive with other cryptominers, though, a cryptocurrency miner needs a computer with specialized hardware.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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avbitx
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October 03, 2018, 09:06:31 PM |
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We could say that mining is like extracting all the required data by destroying the resource.
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redbullusa
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October 05, 2018, 11:19:20 AM |
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Can be simply exploited is the discovery and use of the useful hidden or not yet utilized, from which we exploit and use them for a variety of purposes.
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smokingkills
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October 05, 2018, 11:43:32 AM |
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Exploit is the use of what you already have available to serve your purpose or purpose.
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avbitx
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October 08, 2018, 01:01:18 PM |
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Its good is you check on bitcoin.org you'll get a better picture that way.
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logitechwow
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November 06, 2018, 12:12:05 AM |
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Mining is the decoding of HASH codes for which you receive money. It's simple.
But seriously, look in Google or YouTube information about blockchain, mining and cryptocurrency
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mymarketinghub
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November 16, 2018, 08:21:27 PM |
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Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. ... In order to be competitive with other cryptominers, though, a cryptocurrency miner needs a computer with specialized hardware.
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ShawnNathaniel
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December 07, 2018, 03:19:31 AM |
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Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger.
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hayleewilson
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January 07, 2019, 08:57:05 AM |
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Bitcoin Casino Affiliates: https://www.bitcoincasinoaffiliates.com -- Your info portal for iGaming affiliate programs, news, events & tips.
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seoincorporation
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Top Crypto Casino
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January 07, 2019, 07:58:20 PM |
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Can anyone share some information about this ?
I think this guy explain it with sticks and apples, so, get some popcorns and enjoy the video. https://www.youtube.com/watch?v=Q5hfr5poLl0In simple words mining is the act to find a block and add it to the blockchain, the block contains bitcoin transactions, and those transactions get mined to get a confirmation. Miners get a reward when they find the block plus the fees on those transactions. Miners find blocks each 10 minutes, and now is too damn hard to find a block, so, miners search for blocks in groups called mining pools. |
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tiptravel
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January 08, 2019, 01:01:31 PM |
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This information is on the first site in google, try to find the information you need
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MoonCrypt
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Learn and Grow
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January 08, 2019, 02:16:03 PM |
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first of all what mining are you relating too?
A. Cryptomining
B. Mineral resources mining
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Onanana
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March 11, 2019, 04:29:05 AM |
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Cryptocurrency mining is achieved via computer with specialized hardware. These transactions are now verified and added to the blockchain digital ledger, in order to be competitive with other crypto miners. Crypto exchange is when a buyer and seller interact in online platforms like Bitrus, which is perfect for you for it is designed for beginners, the interface and tools are very user-friendly and an active community to support you with their expertise.
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Jessica J. Moreland
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March 11, 2019, 06:36:26 AM |
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Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an ore body, lode, vein, seam, reef or placer deposit. These deposits form a mineralized package that is of economic interest to the miner.
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mrismith016
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March 11, 2019, 07:04:58 AM |
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Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions (and a "mining rig" is a colloquial metaphor for a single computer system that performs the necessary computations for "mining". This ledger of past transactions is called the block chain as it is a chain of blocks. The blockchain serves to confirm transactions to the rest of the network as having taken place. etc
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Robert D
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March 11, 2019, 11:27:47 AM |
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Can anyone share some information about this ?
Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an ore body, lode, vein, seam, reef or placer deposit. These deposits form a mineralized package that is of economic interest to the miner. |
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Assface16678
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★Bitvest.io★ Play Plinko or Invest!
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March 11, 2019, 03:31:20 PM |
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Cryptocurrency mining is achieved via computer with specialized hardware. These transactions are now verified and added to the blockchain digital ledger, in order to be competitive with other crypto miners. Crypto exchange is when a buyer and seller interact in online platforms like Bitrus, which is perfect for you for it is designed for beginners, the interface and tools are very user-friendly and an active community to support you with their expertise.
Yes it is, mining is so expensive to do but more profitable and contribute to community. By the way do you have the link on bitrus exchange? i might check it out because it looks like an amazing exchange. |
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seoincorporation
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March 12, 2019, 03:37:10 AM |
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Can anyone share some information about this ?
Mining is the use of a set of graphics cards. In order to get bitcoin a web site from using the software. The program takes 1% of the profits and 1% of the site in addition to electricity consumption, which may reach 15% and more than the total profit in the month. 1.- Mining can be done with other hardware than graphic cards, it can be done with CPU, asic miners and sha256 miners. Even some coins can be mined with hard disk (burst coin) 2.-Mining isn't done to get bitcoin, each block has a reward but get that reward isn't the main goal. The goal is to confirm the transactions adding a new block to the chain. 3.- That 1 % is only in mining pools if you do solo mining all the reward will be yours. |
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