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Topic: What is Bitcoin mining ? (Read 389 times)

newbie
Activity: 27
Merit: 0
February 23, 2017, 05:12:24 PM
#3
thank you i appreciate that, it was very helpful to have an idea about mining
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
February 23, 2017, 01:34:02 PM
#2
Refer to this post that I made few days ago:
The following links would give you all the answers you need:

1. https://en.bitcoin.it/wiki/Mining
2. http://www.coindesk.com/information/how-bitcoin-mining-works/
3. https://www.weusecoins.com/en/mining-guide/
4. https://www.bitcoinmining.com/

Those links would give you the general idea about hardware's but nowadays only "ASIC Mining" is being used (although it's not profitable for everyone, due to electricity rates).
Best technique in mining is to be as efficient as you can while doing it (although majority don't fall on the scale to even earn any profit nowadays due to electricity rates / rise in difficulty and the needed energy to power those ASIC mining rigs).
Note: Calculate first (everything), before you try it.
newbie
Activity: 27
Merit: 0
February 23, 2017, 12:02:38 PM
#1
any one please can explain to me what is BTC bitcoin minig ? and the best techniques of bitcoin minig ?
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