BACKGROUND OF MINING
Technical Background During mining, your Bitcoin mining hardware runs a cryptographic hashing function (two rounds of SHA256) on what is called a block header. For each new hash that is tried, the mining...
Wednesday, February 7, 2018
MINING RIG
1. Get a Bitcoin mining rig Bitcoin mining is a very competitive niche to get into. As more and more miners come on board with the latest mining hardware the difficulty to mine...
Sunday, January 28, 2018
INTRODUCTION OF MINING
Introduction Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions (and a "mining rig" is a colloquial metaphor for a single computer system that performs...
Sunday, January 21, 2018
BITCOIN MINING SIMPLIFIED
NewbieActivity: 14 Bitcoin mining simplified November 09, 2017, 03:55:59 PM #1 What is 'Bitcoin mining' .....Bitcoin mining is the process by which transactions are verified and added to the public...
Saturday, January 20, 2018
MINING OF DIGITAL COIN
Bitcoin Mining Profitable in 2017?“ The short answer would be “It depends on how much you’re willing to spend”. Each person asking himself this will get a slightly different answer...
Monday, January 15, 2018
DIFFICULTY
Difficulty The Computationally-Difficult Problem Mining a block is difficult because the SHA-256 hash of a block's header must be lower than or equal to the target in order for the block to...
