Topic: Bitcoin mining - page 2. (Read 656 times)
Bitcoin mining process is similar to mining of precious metals such as gold. It's just the difference, if Bitcoin mining is done digitally to solve the puzzle, and gold mining through gold mining process. Being similar, because sometimes there are miners who feel loss, because it can not and difficult to find gold, and some are successful. However, the real picture is, there will be many difficulties when doing the mining process.
Pool mining -> you will connect your mining hardware/device with others to make a pool of hash power for mining
Solo mining -> you will just use your mining hardware to mine any crypto on solo
Cloud mining -> you have to buy/rent mining hardware which will be located in another part of the world and service provider with send out you coins generated by your mining hardware you have bought or rented with them
To learn more about what actually is crypto/bitcoin mining and many more make a quick search in google, you will find lots of guides.
Solo mining -> you will just use your mining hardware to mine any crypto on solo
Cloud mining -> you have to buy/rent mining hardware which will be located in another part of the world and service provider with send out you coins generated by your mining hardware you have bought or rented with them
To learn more about what actually is crypto/bitcoin mining and many more make a quick search in google, you will find lots of guides.
Thanks mate
Pool mining -> you will connect your mining hardware/device with others to make a pool of hash power for mining
Solo mining -> you will just use your mining hardware to mine any crypto on solo
Cloud mining -> you have to buy/rent mining hardware which will be located in another part of the world and service provider with send out you coins generated by your mining hardware you have bought or rented with them
To learn more about what actually is crypto/bitcoin mining and many more make a quick search in google, you will find lots of guides.
Solo mining -> you will just use your mining hardware to mine any crypto on solo
Cloud mining -> you have to buy/rent mining hardware which will be located in another part of the world and service provider with send out you coins generated by your mining hardware you have bought or rented with them
To learn more about what actually is crypto/bitcoin mining and many more make a quick search in google, you will find lots of guides.
So i really want to know what crytpocurrency mining is i have heard about pool mining, solo mining and cloud mining. Can someone please explain to me what mining is and how it works and how you profit from it?
thanks in advance
thanks in advance
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