I don't really understand about bitcoin mining my friend already said bout the mining and then he said i need to buy a server for mining. give me some more idea guys wish to response all online here. Thanks
Bitcoin mining means producing bitcoin and the sell them in the market. It is a process of creating digital currency and to make money due to the sale of bitcoin in the world market. I think bitcoin mining is not easy and it is also very costly because of the high prices of mining tolls and electricity. Bitcoin miners I think are the high earning community from all other ways of earning money in bitcoin world. 
Topic: What is Bitcoin mining? - page 7. (Read 10290 times)
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.
It may be difficult to explain in detail about bitcoin mining, but I can recommend a website, a website that contains knowledge of all the bitcoin mining explanations. many topics will get you interested in bitcoin mining. I also learned about miner bitcoin through this site, hopefully can help your difficulties.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.
http://www.investopedia.com/terms/b/bitcoin-mining.asp
You put your computer to work solving puzzles and earn Bitcoins. Unless you have a really fast computer, or are very lucky, you shouldn't expect to get much.
Most people do it as part of a "pool", which means you cooperate with other people and split the profit. Thus you get a steady trickle of fractional Bitcoins instead of very small chance of 25 at once.
It's not TOO hard to set up.
Most people do it as part of a "pool", which means you cooperate with other people and split the profit. Thus you get a steady trickle of fractional Bitcoins instead of very small chance of 25 at once.
It's not TOO hard to set up.
I don't really understand about bitcoin mining my friend already said bout the mining and then he said i need to buy a server for mining. give me some more idea guys wish to response all online here. Thanks
Bitcoin mining means solving bitcoin algorithms, these solvers are called miners, they solve these maths problems by using special software’s & get bitcoins in exchange. It’s a decentralized process, the miners verifies the transactions and charge for the same from buyer or seller.
https://www.bitcoinmining.com/ https://www.bitcoin.com/bitcoin-mining
https://www.bitcoinmining.com/ https://www.bitcoin.com/bitcoin-mining
Short and simple, close to the truth version. The last block of TX's and the current one, the merkle, timestamp and a few other tidbits are used to make a hash. However, before that there is a piece of missing random data. The miner adds the random data and figures the hash. The difficulty is kinda an inverse of the target, the lower the target, the easier to win a block, because if your hash starts with a number of zero digits equal to or greater than the target, that is a one block, provided you were the first.
Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.
You can watch this video, it explain mining and blockchain.
https://www.youtube.com/watch?v=_160oMzblY8&index=14&t=779s&list=W
https://www.youtube.com/watch?v=_160oMzblY8&index=14&t=779s&list=W
Thank you all.
For your kind information related replies. And now I also get a clear idea about Bitcoin mining.
Its look like a good work.
Thank you all guys again.
For your kind information related replies. And now I also get a clear idea about Bitcoin mining.
Its look like a good work.
Thank you all guys again.
Bitcoin mining is like machine money. I love bitcoin mining . in 2014 I start mining bitcoin.
Mining requires a lot of energy to make it so there is a physical cost regardless of the currency used, so that it costs more to attack the chain than it does to help ensure it is working well.
Bitcoin mining is like machine money. I love bitcoin mining . in 20014 I start mining bitcoin.
Basically, bitcoin (btc) mining is used to generate bitcoin through mining or staking at different signature campaigns. At first its really hard to understand it but when you get used to it its a lot of been more easy. 
You should read more articles and more rules to follow to be in this signature campaigns.
You should read more articles and more rules to follow to be in this signature campaigns.The bitcoin mining is one of the process and Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The participant who first solves the puzzle gets to place the next block on the block chain and claim the rewards it is called bitcoin mining.
Bitcoin mining are is one of the process and Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released.The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle so this are bitcoin mining.
Basically, bitcoin (btc) mining is used to generate bitcoin through mining or staking at different signature campaigns. At first its really hard to understand it but when you get used to it its a lot of been more easy. You should read more articles and more rules to follow to be in this signature campaigns.
You should read more articles and more rules to follow to be in this signature campaigns.The bitcoin mining is one of the process and Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle. The participant who first solves the puzzle gets to place the next block on the block chain and claim the rewards it is called bitcoin mining.
Basically, bitcoin (btc) mining is used to generate bitcoin through mining or staking at different signature campaigns. At first its really hard to understand it but when you get used to it its a lot of been more easy. You should read more articles and more rules to follow to be in this signature campaigns.
You should read more articles and more rules to follow to be in this signature campaigns.
In addition to this definition, mining is how new bitcoins are minted, as well as how the Bitcoin public ledger (a.k.a. the blockchain) is secured.
Bitcoin Mining is actually a mine activity using a particular device. The process through solving a series of mathematical problems (puzzles) based on certain difficulty levels. Well this activity is called "Mining" or cool term is "Bitcoin Mining".
So clearly, that if someone is mining Bitcoin, that means the person is using a mining device. Can use CPU, GPU, FPGA, and ASIC. An explanation of this device will be discussed in the next section.
So clearly, that if someone is mining Bitcoin, that means the person is using a mining device. Can use CPU, GPU, FPGA, and ASIC. An explanation of this device will be discussed in the next section.
Bitcoin mining is making bitcoins from the electricity and computer system.It is like finiding lottery where many competitors from the world.Who has the most powerful cpu or gpu can able to make more profits than others.If you can able to access electricity with cheap electricity bill also able to make good profits.
Faster Bitcoin mining hardware is able to attempt more tries per second to win this lottery while the Bitcoin network itself adjusts roughly every two weeks to keep the rate of finding a winning block hash to every ten minutes.
Bitcoin Mining is actually a mine activity using a particular device. The process through solving a series of mathematical problems (puzzles) based on certain difficulty levels. Well this activity is called "Mining" or cool term is "Bitcoin Mining".
So clearly, that if someone is mining Bitcoin, that means the person is using a mining device. Can use CPU, GPU, FPGA, and ASIC. An explanation of this device will be discussed in the next section.
So clearly, that if someone is mining Bitcoin, that means the person is using a mining device. Can use CPU, GPU, FPGA, and ASIC. An explanation of this device will be discussed in the next section.
Bitcoin mining is just easy to define like its the process by which the transition of bitcoin should be verified and then added to block chain and we can also explain it the through which we can released new bitcoin and for this process you need to invest money because some hardware are needed for this process.
In very simple words, Its a process of verification of Bitcoin transactions. You may use your own hardware to mine you btc.
hardware?i mean bitcoin is in soft form so why would we use hardware to generate or verify transactions of bitcoin? question like this make me some time get interested towards mining, so when I get perfect information then i will start mining.
Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. but needs money coz of special type of hardware need. and very slow process to gain bitcoins.
Jump to: