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Topic: newbie noob question - page 2. (Read 2601 times)

hero member
Activity: 784
Merit: 1000
March 31, 2015, 04:45:21 AM
#11
Quote
is there a number of posts i have to do to climb the ladder from newbie to something else?
Please go to here: https://bitcointalksearch.org/topic/forum-rankspositionsbadges-what-do-those-shiny-coins-under-my-name-mean-178608
hero member
Activity: 784
Merit: 1000
March 31, 2015, 04:41:45 AM
#10
So much brand new... Shocked

What do you mean by !$HFUAGIFGA or $#FUAGFiu or whatever?
do you mean this https://blockchain.info/blocks or "Hash" that every normal transaction have?
newbie
Activity: 1
Merit: 0
March 31, 2015, 04:39:50 AM
#9
if they have to input the 124wdfsxkcjoidh somewhere to define the number of bitcoins it will be equivalent to. then i can write down a bunch of 1234rewdushdiu23hcd put it wherever they put it and by trial and error see how much bitcoins it is equivalent to
hero member
Activity: 784
Merit: 1000
March 31, 2015, 04:35:08 AM
#8
It just like...

A bunch of miner (You and the others who participated) who looking for block of gold (block), mines together to get a gold (bitcoin) and whoever get it shares the gold with others.

So, you and the others work together to get a "block" that has bitcoin in it. Then if someone found it, He/She share it with others.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
March 31, 2015, 04:33:11 AM
#7
If you are talking about bitcoin mining pools then basicaly it's a group of miners who all join up to a 'mining pool' they join all there mining power together so they can compete with the big guys.
Individual mining has not been worth the effort and cost for a long time now.
I guess mining pools kind of join the gap so the small BTC miner can still sort of compete.
Biggest thing to watch out for would be scam pools, they pop up all the time.
newbie
Activity: 28
Merit: 0
March 31, 2015, 04:31:50 AM
#6
all newbie on one noob question. sounds fun  Cheesy Cheesy
newbie
Activity: 28
Merit: 0
March 31, 2015, 04:24:06 AM
#5
ok and extract from what?
hero member
Activity: 952
Merit: 576
March 31, 2015, 04:23:53 AM
#4
Bitcoin Mining Pools. What is Bitcoin Mining? Mining pools are a way for miners to pool their resources together and share their hashing power while splitting the reward equally www.bitcoinmining.com/bitcoin-mining-pools/according to the amount of shares they contributed to solving a block.

source:www.bitcoinmining.com/bitcoin-mining-pools/
newbie
Activity: 9
Merit: 0
March 31, 2015, 04:23:19 AM
#3
somewhere you mine bitcoins i think, like extract them
newbie
Activity: 21
Merit: 0
March 31, 2015, 04:22:16 AM
#2
yes. details please
full member
Activity: 154
Merit: 100
March 31, 2015, 04:21:41 AM
#1
what are bitcoin pools??
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