Topic: Mining - Help! (Read 229 times)
blocks and difficulty are connected then.
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.
@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.
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.
@BitMaxz Well i do its just i need some extra help.
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.. 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?
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
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.
The good thing about btc is that it's finite. So eventually the miners will only be used for the transactions.
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?
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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