/btc was created to foster and support free and open Bitcoin discussion, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin industry leaders! Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever.
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@BinanceResearch: Bitcoin Gold is up 5.36% in the last 24 hours. But what is $BTG? It's a Bitcoin fork that changed the scripting function & the supply to curb ASIC mining. Some people think #BTG is superior to #Bitcoin. Do you? Read our report and see for yourself ⬇️ https://t.co/w4OF4xEjgb
Also, why have I heard about people using others peoples devices to mine? (I literally have no idea how it works) if I remember correctly I remember hearing it as being illegal, but are there legal ways to do it? And why would it be illegal (if it is)?
bitcoin: slow, Chinese mining pools, energy consumption, not a safe haven, not a store of value. The bitcoin narrative is being eroded every day since this drop. So what is it great for?
Payments? Way to many better cryptos out there for that. Im tired of the BTC maxis saying bitcoin is made for this liquidity crunch. Its simply a speculative asset. Thats it, the space has moved too far ahead. That being said, I hodl and I think this is going to pump hard. If this is a truly manipulated market there has never been a time like right now for the manipulators to push this market up and drag money into the crypto sphere.
I have two "ASICMINER Block Erupter 333MH/s ASIC USB BTC Bitcoin Miner SHA256" can somebody help me on what software do i need that will use these usb asics and mine bitcoin or any other crypto coin. (i don't care if is it profitable orn not)
Everyone is talking about Bitcoin Halving. Miners in 2009 received 50 BTC for mining each block but now it's going to be 6.25! We saw a huge price change after the last two halvings. Ahead of 3rd Bitcoin Halving, what is your expectations, what is going to happen?
So butters are loving this billboard because it represents the mantra they repeat: “bitcoin can’t be printed out of nothing except mining”. Aren’t exchanges blowing up left and right by doing just that? Claiming reserves they don’t have? What innovation is around the corner that will fix this?
I have an intel core i7-7700T and a GeForce GTX 1070 8GB, LPX Vengance 2400MHz RAM, but I’m looking to upgrade everything later on.. what motherboard should I get? I’ve got a bad bitcoin mining motherboard and this stuff is the best it can handle (2400mhz and i7 max)
Bitcoin mining is the process by which bitcoins are released into circulation. Generally, mining requires the solving of computationally difficult puzzles in order to discover a new block, which Bitcoin Mining and Gold Mining. For a high-level insight, we will compare bitcoin mining with classic gold mining. In the case of gold mining, people equipped with gold-digging and filtering equipment, dig day and night to find grains of gold which are then filtered to extract the precious and pure gold. Bitcoin mining is far removed from the average Bitcoin owner these days, but that doesn’t change how important it is. It’s the process that helps the cryptocurrency function as intended and Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with
WHAT IS BITCOIN MINING? HOW IT WORK? WHAT IS MINING POOL?
Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Bitcoin mining is the process of adding transaction records to... In this video I recorded in February of 2014, I explain what "mining" Bitcoin or Cryptocurrency does and how it works in non-technical terms. Mining is a metaphor borrowed from mining gold, and ... What is bitcoin mining? Bitcoin operated as a peer to peer network This means, that everyone who uses bitcoin is a tiny fraction of the bank of bitcoin (pecanins) But where are Bitcoins come from ... What is bitcoin mining? H... Hey Cadets, in this episode we will be covering one of the most complicated topics in the cryptocurrency ecosystem, bitcoin mining. Bitcoin is used for online purchases, investments, payments etc. and Bitcoin mining is the process of verifying Bitcoin transactions and recording them onto the public ledger (i.e., Blockchain).