Getting started with Bitcoin mining

Mining Bitcoin

Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation.
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Bitcoin India

Discussions and news about Bitcoins in India
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Cryptocurrency News & Discussion

The official source for CryptoCurrency News, Discussion & Analysis.
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ELI5: What is mining for bitcoins, and how is it done?

submitted by deadtoaster2 to explainlikeimfive [link] [comments]

For newbies: What is really happening in the bitcoin mining process?

Hi guys,for anyone who do not know the whole process of bitcoin mining, kindly refer to my post. And questions are always welcomed.
https://www.reddit.com/use1TMine/comments/itqn6s/what_is_really_happening_in_the_bitcoin_mining/?utm_source=share&utm_medium=web2x&context=3
submitted by 1TMine to BitcoinMining [link] [comments]

Did you miss last week's developments in EOSIO? The latest EOS Hot Sauce covers: 🌶 €1M for WordProof - whats next? 💶 🌶 WAX Atomic Hub Launch & Capcom's Street Fighter is coming! 🎇 🌶 BlockOne votes & details about their NorthernData Bitcoin Mining Partnership! 😮 and more!

Did you miss last week's developments in EOSIO? The latest EOS Hot Sauce covers: 🌶 €1M for WordProof - whats next? 💶 🌶 WAX Atomic Hub Launch & Capcom's Street Fighter is coming! 🎇 🌶 BlockOne votes & details about their NorthernData Bitcoin Mining Partnership! 😮 and more! submitted by EOSNation to eos [link] [comments]

@BinanceResearch: Bitcoin Gold is up 5.36% in the last 24 hours. But what is $BTG? It's a Bitcoin fork that changed the scripting function & the supply to curb ASIC mining. Some people think #BTG is superior to #Bitcoin. Do you? Read our report and see for yourself ⬇️ https://t.co/w4OF4xEjgb

@BinanceResearch: Bitcoin Gold is up 5.36% in the last 24 hours. But what is $BTG? It's a Bitcoin fork that changed the scripting function & the supply to curb ASIC mining. Some people think #BTG is superior to #Bitcoin. Do you? Read our report and see for yourself ⬇️ https://t.co/w4OF4xEjgb submitted by rulesforrebels to BinanceTrading [link] [comments]

Another week of webinars is ahead of us! Next week, hear from Developer Advocate Solange Gueiros for a Portuguese webinar on What is RSK, learn about Bitcoin Mining and Macro Industry Trends, and take part in our workshop to host your own decentralized website on RIF Storage!

submitted by Maritu_ to rootstock [link] [comments]

Bitcoin halving: What its and what it can mean for future of mining (current BTC/USD price is $9,743.86)

Latest Bitcoin News:
Bitcoin halving: What its and what it can mean for future of mining
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

This is crazy. Sent bitcoin from another wallet of mine to my cashapp wallet and it’s been pending for hours and come to find out my “account is closed?” What’s going to happen to the bitcoin in limbo

This is crazy. Sent bitcoin from another wallet of mine to my cashapp wallet and it’s been pending for hours and come to find out my “account is closed?” What’s going to happen to the bitcoin in limbo submitted by Isellthingsalot to CashApp [link] [comments]

I’m almost completely new to bitcoin and mining. But what is the best bitcoin mining software for pc for beginners?

I have a older pc just laying around and want to put it to use, what is the easiest software for beginners?
submitted by stupidboyy to Bitcoin [link] [comments]

Everyone is talking about Bitcoin Halving. Miners in 2009 received 50 BTC for mining each block but now it's going to be 6.25! We saw a huge price change after the last two halvings. Ahead of 3rd Bitcoin Halving, what is your expectations, what is going to happen?

Everyone is talking about Bitcoin Halving. Miners in 2009 received 50 BTC for mining each block but now it's going to be 6.25! We saw a huge price change after the last two halvings. Ahead of 3rd Bitcoin Halving, what is your expectations, what is going to happen? submitted by mirrasel to Bitcurate [link] [comments]

I want to start mining bitcoin, just for fun. What is the minimum setup required to gross $10/month? $100/month? $200/month?

I'm asking about gross income, not net income. As an extra question, is the following a valid statement?
Could someone comment on the above statement (with a bit of detail)? Is there another sub I should post this question to?
submitted by Another4654556 to NoStupidQuestions [link] [comments]

04-20 13:24 - 'China Distancing is picking steam! Japan just pulled out of China; what does this mean for Mining, Bitcoin and Crypto in general?' (cryptotapas.com) by /u/whatisfomo removed from /r/Bitcoin within 0-9min

China Distancing is picking steam! Japan just pulled out of China; what does this mean for Mining, Bitcoin and Crypto in general?
Go1dfish undelete link
unreddit undelete link
Author: whatisfomo
submitted by removalbot to removalbot [link] [comments]

What is Lowest Break-even Cost for Bitcoin Mining? Here’s Where S17 Miners Stand

What is Lowest Break-even Cost for Bitcoin Mining? Here’s Where S17 Miners Stand submitted by n4bb to CoinPath [link] [comments]

Bitcoin was first mined 11 years ago in January during the recession. With the economy the way it is now, what is your “bitcoin” for the next decade?

submitted by mattso113 to investing [link] [comments]

The "bit" stands for bitcoin, "rawr" means "i love you" in dinosaur language. This is Bitrawr. A project I've been working on for about 6 months now in an attempt to map the entire landscape of Bitcoin. From exchanges to wallet, mining to ATMs, it's all here. Let me know what you think!

The submitted by bitrawr to Bitcoin [link] [comments]

Bitcoin Cash hashrate is at all time high. Miners are putting ideology before profit mining BCH at a relative loss to BTC. Does not matter what side you are rooting for: This is _exactly_ how its intended to work, and its beautiful!

Bitcoin Cash hashrate is at all time high. Miners are putting ideology before profit mining BCH at a relative loss to BTC. Does not matter what side you are rooting for: This is _exactly_ how its intended to work, and its beautiful! submitted by nagdude to btc [link] [comments]

Unathi Kwaza RT from Free Thoughts: Why is there a finite amount of bitcoin? What happens when all of the bitcoin is mined? What’s next for cryptocurrencies and blockchain technology? Will the government step in to regulate this? Can it?

Unathi Kwaza RT from Free Thoughts: Why is there a finite amount of bitcoin? What happens when all of the bitcoin is mined? What’s next for cryptocurrencies and blockchain technology? Will the government step in to regulate this? Can it? submitted by TweetArchiveBot to LibertyRSA [link] [comments]

Where does bitcoin get its value and who/what decides how much is released for x amount of mining?

submitted by kukkelii to NoStupidQuestions [link] [comments]

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which "causes value to increase drastically and maybe flippen" @14min mark, Hopefully this is what Amaury Sechet is working on.

Flashback Friday: Jihan Wu, largest Bitcoin Mining CEO hints of a possible Bitcoin Cash Flippening. Says BCH could have a killer app for 0-confirmations, which submitted by cryptorebel to btc [link] [comments]

Another Bitcoin mining software that we just tested is called the Cudo Miner. While still in beta, it’s really easy to setup and configure, and all you need is a PC and an email address. What’s most beautiful about this app is that it comes for Windows, Linux and Mac, and we all know how hard ⬇️⬇️

Another Bitcoin mining software that we just tested is called the Cudo Miner. While still in beta, it’s really easy to setup and configure, and all you need is a PC and an email address. What’s most beautiful about this app is that it comes for Windows, Linux and Mac, and we all know how hard ⬇️⬇️ submitted by crypto5800 to u/crypto5800 [link] [comments]

EILI5 - when the last Bitcoin is mined, what is the incentive for people to continue operating the nodes?

Perhaps I just don’t understand some basic concepts of how this all works. My understanding is that the decentralized network that operates BTC runs on computers that are rewarded for their work, in the form of “mined” coins. When the last coin is mined, what is the incentive for people to continue operating the nodes? Please let me know where my misunderstanding lays. Love y’all!
submitted by allovertheplaces to CryptoCurrency [link] [comments]

Nicehash VS Minergate What Crypto Miner Is Best For You Bitcoin Mining Made Easy!

Nicehash VS Minergate What Crypto Miner Is Best For You Bitcoin Mining Made Easy! submitted by Rufflenator to 3bitcoins [link] [comments]

Nicehash VS Minergate What Crypto Miner Is Best For You Bitcoin Mining Made Easy!

Nicehash VS Minergate What Crypto Miner Is Best For You Bitcoin Mining Made Easy! submitted by ososru to Bitcoin4free [link] [comments]

What It Was Like MINING Cryptocurrency Full-Time For A ... How does Bitcoin mining work? - BBC Newsnight - YouTube How To Mine Bitcoin - YouTube What is Bitcoin Mining? (In Plain English) - YouTube Bitcoin Mining 2019 - Should We Mine Bitcoin? - YouTube

Bitcoin mining is technically defined as having your computer find a number that is difficult to find and increasingly difficult to find. When it comes to bitcoin mining, many people think of crypto money, which is widely used. Bitcoin mining is the process of updating the ledger of Bitcoin transactions known as the blockchain. Mining is done by running extremely powerful computers called ASICs that race against other miners in an attempt to guess a specific number. Bitcoin Minings is a mining pool that allows you to make free mining with video cards and in return you don't charge any fees. We are the only company in the world to meet these conditions. Bitcoin mining is the process of creating new bitcoin by solving a computational puzzle. Bitcoin mining is necessary to maintain the ledger of transactions upon which bitcoin is based. The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team.

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