Who supplies us bitcoin? - page 4. | Bitcointalksearch.org

kriptotr

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Quote from: Rufsilf on July 21, 2017, 08:00:45 PM

The suppliers are from the market and they get the supply in the market from the people but the very root supplier of our bitcoins are the miners who mine using expensive gpu in order to solve the problem and get bitcoins and that is how the bitcoins get to the market because the miners sell it for fiat profit.

Players on the market are just trading bitcoin. They are not suppliers at all. They just move their funds to exchange addresses. The real suppliers are bitcoin miners, they mine it with hardwares.

Rufsilf

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The suppliers are from the market and they get the supply in the market from the people but the very root supplier of our bitcoins are the miners who mine using expensive gpu in order to solve the problem and get bitcoins and that is how the bitcoins get to the market because the miners sell it for fiat profit.

digaran

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🖤😏

The answer is not free like the free coins you expect to get, either figure it out yourself the hard way or I'll charge you 0.05 with a method to find some legit suppliers.

molsewid

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the people who's supplying us a bitcoin was the bitcoin miner. it is a device where they can mine and use a powerusage and it depends on that the more power usage the more bitcoin they can mine you can buy it at retailers and set up your own. it's worth it but it's not if you only have one. the more bitcoin miner the merrier.

andrei56

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Quote from: LuanX3 on July 13, 2017, 09:31:46 AM

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Not sure if you are asking who pays people bitcoins or who produces bitcoins. The latter is a stupid one if you are implying that. Bitcoins are mined, so if you want to get your hands on bitcoins without relying on anyone else then go mine bitcoins yourself.

Which is not a good idea at the moment since a few miners have most of the hash rate and it is impossible to go against them due to the high resources they have and the incredible cheap electricity costs they have because most of them are in China and there is no way to compete with them.

cafucafucafu

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Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Bitcoin comes from the miners who mine Bitcoin blocks for miner rewards and also block rewards. The way you mine bitcoin, you need an alright PC, that has the correct Bitcoin mining equipment to solve network hashes for those rewards. This ensures that one person won't control most or all of the bitcoin.

The videos you used to make for Bitcoin, were paid to you not by miners, but from people who purchased Bitcoin from miners or websites that sell. They don't actually make Bitcoin, they only sell it.

Rank up your account and then you will be able to make Bitcoin by just posting in threads.

JL421

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Bitcoin can only be supplied by mining and there are thousands of people out there who mine and get bitcoins but as mining is less profitable it's impossible for us to mine at our home and on exchanges those are the people who want to sell their bitcoin and not the actual exchangers

ProzCoin

sr. member

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Miners dude... Bitcoin is based on the blockchain technology and in order to create new coin, we need miners to mine new block. For every new block created, miners will be reward a number of bitcoin for each block they confirm

jak3

legendary

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bitcoin is produced my Bitcoin miners. mining is a method by which some users solve network hashes with their computer power also they were used to verify bitcoin transactions. once they mined a block and breaks it they get a block reward which is currently 12.5btc and then they use it for their personal use and so the circulation of that new coin starts.

pressureonme

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Quote from: shield132 on July 13, 2017, 02:19:10 PM

Faucets aren't suppliers, they only give bitcoins because of ads on their website. Bitcoin is mineable coin so big miners like for example bitfury and bitmain sells huge amount of btc. You can supply yourself also if you buy antminer. Or another way is to mine altcoin and than exchange them in btc.

Lots of people thinks faucet web sites are bitcoin suppliers but they're definitely not as you said. All they do is advertise for their advertisers and pay you very small amount of bitcoin for watching the ads.

warrior333

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Quote from: HasHe on July 20, 2017, 07:49:11 AM

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

New bitcoins are regularly supplied to markets through miners.Miners get bitcoins as a reward for solving the mathematical algorithms as a result of which transactions are confirmed.Miners have powerful ASICs to mine bitcoins.

If the miners are rewarded for transactions and all senders pay for transactions with their coins then where are the new coins? Senders pay existing coins. So it was when the transaction was free, but what about now? The miners probably perform another kind of work?

HasHe

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Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

New bitcoins are regularly supplied to markets through miners.Miners get bitcoins as a reward for solving the mathematical algorithms as a result of which transactions are confirmed.Miners have powerful ASICs to mine bitcoins.

KingdomHearts

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Quote from: ilovefeetsmell on July 14, 2017, 10:03:52 PM

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Not sure if you are asking who pays people bitcoins or who produces bitcoins. The latter is a stupid one if you are implying that. Bitcoins are mined, so if you want to get your hands on bitcoins without relying on anyone else then go mine bitcoins yourself.

He asking who is the supplier. Bitcoin is like the same as gold. It mined to have it and to grow your bitcoin. No one could never know who can supply the bitcoin. It is very confidential to know. It so wonderful that we have special tools to mine like the ordinary miners. Technology life goes through a good and better life.

Yeah exactly the bitcoin is mined like a gold is mined but the techniques of both of them are different. The mining of the bitcoin is purely technological and virtual while the gold having a physical existence and need you to work harder for it.
As we all know that bitcoin is a soft component so its mining is done through electronic machines and then the mined coins are supplied to the market for trade.

ilovefeetsmell

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Quote from: LuanX3 on July 13, 2017, 09:31:46 AM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Mined your own bitcoin

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Not sure if you are asking who pays people bitcoins or who produces bitcoins. The latter is a stupid one if you are implying that. Bitcoins are mined, so if you want to get your hands on bitcoins without relying on anyone else then go mine bitcoins yourself.

He asking who is the supplier. Bitcoin is like the same as gold. It mined to have it and to grow your bitcoin. No one could never know who can supply the bitcoin. It is very confidential to know. It so wonderful that we have special tools to mine like the ordinary miners. Technology life goes through a good and better life.

Sniper150

sr. member

Activity: 357

Merit: 260

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Faucets are not the only one who supplies bitcoins, every signature campaigns have their own manager to manage and handle it. The manager has the power to control and distribute bitcoins for all users. There is what we called blockchain, Blockchain contains bitcoins, every signature campaigns have their own blockchain and they are all controlled by their own manager.

I also want to make a video so that I could earn more bitcoins.

Kaller

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Quote from: LuanX3 on July 13, 2017, 09:31:46 AM

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Not sure if you are asking who pays people bitcoins or who produces bitcoins. The latter is a stupid one if you are implying that. Bitcoins are mined, so if you want to get your hands on bitcoins without relying on anyone else then go mine bitcoins yourself.

I don't quite understand how people even ask questions like this. A simple search on YouTube or Wikipedia will tell you most of the things you need to know to get started using Bitcoin. Not hating, just saying!

andrei56

sr. member

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Quote from: Lampaster on July 13, 2017, 08:50:40 AM

Quote from: Pettuh4 on July 04, 2017, 01:47:37 AM

New Bitcoins are generated through mining and the miner who solves the block is rewarded for his work . Currently each block solved receives a reward of 25 bitcoins ( it used to be 50 but halved last year) . Each block is found and solved every 10 minutes and the reward halves after every 210,000 blocks. Hope this helps.

If the price is constantly decreasing then after a while the miners will not be profitable to mine bitcoins or price for the transaction will be such that people just aren't profitable to use bitcoin. Can be the mathematical calculations some mistake?

The amount of new coins miners get by solving a block is decreasing, but the value of bitcoin keeps rising, so that does not seem like a big problem, also if the adoption of bitcoin keeps increasing then the day the miners depend on the fees of the transactions and not on the block reward is coming.

Qunenin

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Activity: 966

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Quote from: LuanX3 on July 13, 2017, 09:31:46 AM

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Not sure if you are asking who pays people bitcoins or who produces bitcoins. The latter is a stupid one if you are implying that. Bitcoins are mined, so if you want to get your hands on bitcoins without relying on anyone else then go mine bitcoins yourself.

Yes, actually it is so hard to build your own mining for bitcoin. I guess better earn it, because of its high pay rate for electricity which is totally makes your bills blow out of somewhere. Better earn it here, you learn at the same time to earn. Minning is not a single person and ordinary person works and those who mine bitcoins has big mining farms.

shield132

hero member

Activity: 2310

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Faucets aren't suppliers, they only give bitcoins because of ads on their website. Bitcoin is mineable coin so big miners like for example bitfury and bitmain sells huge amount of btc. You can supply yourself also if you buy antminer. Or another way is to mine altcoin and than exchange them in btc.

nguyentrannt001

newbie

Activity: 8

Merit: 0

Quote from: Crapz23 on July 03, 2017, 02:47:06 PM

Bitcoin, in my opinons has had it up and downs, but who supplies us bitcoin? Faucets can only supply so much before it gets closed down. So that's not a big supplier. Working for bitcoin has declined. I used to make videos and earn bitcoins. But that site has closed down like every other sites or faucets. So who supplies us bitcoins nowadays? Tell us please!

Bitcoins are made from miners, they dig a bitcoin and they sell to investors and investors who will open the business and I'm doing those campaigns to earn the bitcoin.

Topic: Who supplies us bitcoin? - page 4. (Read 4014 times)