Author

Topic: wtf is mining (Read 892 times)

donator
Activity: 1218
Merit: 1079
Gerald Davis
November 12, 2011, 04:33:18 PM
#7
You need a special mining shovel.  Don't worry I have an extra I would be willing to sell you.

Seriously mining = hashing blocks = makes network secure.  Miners are paid a reward of 50 BTC when they find the "solution" for a block.  Given the difficulty in finding a solution most miners/hashers work in pools to split the reward when anyone in the pool solves a block.
newbie
Activity: 12
Merit: 0
legendary
Activity: 1512
Merit: 1036
November 12, 2011, 08:38:20 AM
#5
... if its even possible    
Unless you have a high-end ATI Radeon 5xxx or 6xxx video card, it is not even worth your while. The difficulty of producing your own bitcoins is very high because other miners are using specialized hardware setups designed specifically for mining (and Bitcoins are produced at a set rate). You can explore the mining subforum and see what the miners are talking about.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
November 12, 2011, 07:52:11 AM
#4
i am a a noob i saw that  people mining to get btc were can i read about it and start mining myself if its even possible   
http://www.google.com
member
Activity: 70
Merit: 10
November 12, 2011, 07:44:51 AM
#3
Google is your friend - jeeze

http://lmgtfy.com/?q=bitcoin+mining
hero member
Activity: 756
Merit: 500
November 12, 2011, 07:39:53 AM
#2
Just buy a spade and keep digging.
newbie
Activity: 20
Merit: 0
November 12, 2011, 07:32:59 AM
#1
i am a a noob i saw that  people mining to get btc were can i read about it and start mining myself if its even possible   
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