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Topic: What is Bitcoin mining? (Read 10290 times)
Hello, I'm a newbie to the Bitcoin I have a question, how to exchange or sell the bitcoin that you mine? Thank you in advance!
Bitcoin mining or altcoin mining is a method to earn bitcoin. You have to provide your internet connection and CPU for the use of transactions. Against your resources you will get coins can say mining.
Hello, I have a question,
what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.
Like a gold coin is mined, BTcoin is also mined and it has a mining process too. the difference is that it is mined digitally unlike gold coins. It is a process of verification of different blocks. it's like you are playing a game , having fun, and in beneath that process, a BTcoin is mined. what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.
Bitcoin Mining is a decentralized digital cryptocurrency which is used to verify each and every transaction in simple and secure way without the third party involvement. The term Bitcoin Mining involves addition of Bitcoin into a distributed public ledger of transactions. This public ledger is known as Public Blockchain Management System.
Hello, I have a question,
what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.
what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.
Bitcoin mining is the process by which transaction are verified and added to the public ledger known as block chain
Bitcoin mining is intentionally designed
Mining is a process of getting bitcoins with a special hardware that solves some math problems. Mining helps keep bitcoin network secure by aproving transactions.
bitcoin mining is simple as it is to deposite to just clicking your mouse to payouts but it needs a little effort to earn like time and your passion into earning
Bitcoin Mining (Bitcoin Mining) is one way to get Bitcoin. As mentioned earlier, we can see Bitcoin as a large global cash system that stores the history of transactions (or 'money movements') from one person to another. When Bitcoin transactions are processed on the Bitcoin network - meaning Bitcoin is being moved from one person to another - one needs to make sure that all transactions are properly recorded and the cash system has been synchronized worldwide.
Yes it is very much important to keep the record of all transactions been made from one person to another person. As mining is not a complex thing it is the way by which we can get bitcoins verified, further more it also tells us about the history of transactions for the purpose of mining you should be able to learn how to use CPU and GPU with the utilization of electricity.
hi everyone
recently i have heard about bitcoin mining and i already got started in it
but as a beginner in this field i don't know the best site to mine bitcoins or to get information about this type of staff
so please if you have some site names say it here.
thanks a lot
recently i have heard about bitcoin mining and i already got started in it
but as a beginner in this field i don't know the best site to mine bitcoins or to get information about this type of staff
so please if you have some site names say it here.
thanks a lot
Mining bitcoin is mostly a scam and has no results...
Not at all bro.I was doing Mining of various Altcoin and includes Bitcoin too.Of that Bitcoin is the one give more profit.But the Set up for that is very high.You have to spend more to implement the Bitcoin Mining.You can use solar panels for More profit from that bitcoin Mining.
bitcoin mining is like let your hardware work for you.. passive in come may apply.. it cost you money and a lot of electrical power consumption. maybe its reliable to other but not in mine. 
Most of the people are involved in other activities rather in mining as just like you many people don’t rely on it but I myself do believe in it and consider it as a source of earning and a profitable job especially for those people who are living in countries where the electricity is very much cheap because mining is highly energy consuming activity.
It is basically the way that transactions are verified and added to the ledger (blockchain), but also it is the term for ``mining`` new bitcoins.
In another definition, Bitcoin mining serves to both add transactions to the block chain and to release new Bitcoin. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The first participant who solves the puzzle gets to place the next block on the block chain and claim the rewards.
In reality, it's simply the verification of bitcoin transactions. For example, mr Ben buys a TV from mr John with a bitcoin. In order to make sure his bitcoin is a genuine bitcoin, miners begin to verify the transaction.
Bitcoin is not a physical currency. It is digital currency and the process of production is called mining bitcoin. That’s why bitcoin is also a production machine which is placed in blockchain or any other digital bitcoin wallet. After placing these processed bitcoins in wallets then these are announced for selling and the people buy these digital bitcoins and keep them in the same blockchain or different wallets. In reality, it's simply the verification of bitcoin transactions. For example, mr Ben buys a TV from mr John with a bitcoin. In order to make sure his bitcoin is a genuine bitcoin, miners begin to verify the transaction.
Mining makes sense only if you are going to make it fun, so you do not care if you make profit, or you can do it very efficiently and for profit only with investments of many thousands of euros.
If you want to get bitcoins based on a fixed mining power, but you do not want to run the hardware, you can purchase a mining contract.
If you want to get bitcoins based on a fixed mining power, but you do not want to run the hardware, you can purchase a mining contract.
Hello, I have a question,
what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.
such as mining gold but different ways it works if mining Bitcoin using antminer engine and can only for online mining. the simpler is to get Bitcoin easily and automatically. what is Bitcoin mining?
actually can anyone explain that what is bitcoin mining?
or any source link or article where I can find my question perfect answer..
Your kindness.
bitcoin mining is a combination of a mining rig + best internet you can have + your electricity
you can mine coins ICO and have it on your wallet .. today there's no more bitcoin to be mine .. and some coins have high value so you will get a little .. there's a lot of thread here that you can read for a helpful hand .. loon on MINING thread pal and you will learn a lot there...
P.S for me the best coin to mine are the low coin value so once it pump on the market you already have the investment
Thank you very much ynathopak14 because you give me information to bitcoin mining and i now know answer mining you can mine coins ICO and have it on your wallet .. today there's no more bitcoin to be mine .. and some coins have high value so you will get a little .. there's a lot of thread here that you can read for a helpful hand .. loon on MINING thread pal and you will learn a lot there...
P.S for me the best coin to mine are the low coin value so once it pump on the market you already have the investment
At the moment it’s if you mining a other coin with a higher daily profit and then you trade this coin to bitcoin. This is more profitable then btc-mining.
Bitcoin mining is a way of owning bitcoins through trading.
Hi,
If you want to find out more about Bitcoin mining, I'm doing weekly videos on YouTube; showing profitability mining in Québec. We currently have 5.6 cents electricity cost. Currently uploaded week 3 and will be doing a video each week showing how our Antminer S9 is doing. We ordered a few more S9, but for consistency, I'll keep showing profitability for the original miner.
https://youtu.be/JY4yStm0f7w
Cheers
If you want to find out more about Bitcoin mining, I'm doing weekly videos on YouTube; showing profitability mining in Québec. We currently have 5.6 cents electricity cost. Currently uploaded week 3 and will be doing a video each week showing how our Antminer S9 is doing. We ordered a few more S9, but for consistency, I'll keep showing profitability for the original miner.
https://youtu.be/JY4yStm0f7w
Cheers
Mining is the simplest way to earn bitcoin, but the source capital will be high. You have to make Mining Setup by using Solar panels as a source for getting more profit from the Mining Setup. If you have a plan to do mining means, you can make a Mining set up by seeing the you tube .
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