What Is Bitcoin? A Beginnner's Guide (2020 Edition

Microbitcoin or Bits is an objectively superior unit. 1 bit = 0.33 cents

I know this has been discussed to death several years ago, but we're going to have to deal with this at some point.
Microbitcoins or bits is a much better unit of account than bitcoin. For those who haven't seen it before, here's the rationale:
1) How many times have you heard "Bitcoin is too expensive" from people who assume they can't buy a fraction? Yes, I know that people who say this are ignorant. But the fact remains that because the bitcoin unit is too large, there's a significant amount of money sitting on the sidelines for no good reason.
2) The way we write numbers is biased toward smaller units. We do not put thousands separators after the decimal, but we do put them before. Let's try discerning the cost of small vs tiny items, and large vs huge items, in both bitcoin and bits:
Bitcoin:
Bits/microbitcoin
Note that everything is pretty easy to distinguish except the price of 1mb mobile data vs access to a news article, in bitcoin. It's too hard to notice the difference between four and five leading zeros. This will cause many users to accidentally send or accept payments that are off by a factor of ten. This is a poor user experience. Admit it, you've already screwed this up with mining fees.
3) mBTC or millibits is not good enough. There's still too many digits after the decimal, and this will only get worse as bitcoin appreciates in value, resulting in the need for yet another migration of units in the future. Bits is as future-proof as we can get.
What can we do about it?
submitted by jmw74 to Bitcoin [link] [comments]

ALL of the arguments to implement SegWit and ALL of the arguments against raising the block size limit in one complete extensive overview!

All of the reasons to NOT raise the block size limit:
1). If the chain history grows too fast, it may price out some users from running Bitcoin nodes because they can't afford the disk space to store this history, and full Bitcoin nodes must keep the entire blockchain history.
All of the reasons to implement SegWit:
1). It makes it possible for Blockstream to control Bitcoin.
source1. source2. source3. source4. source5. souce6
Edit 170822: added source5(SegWit)
Edit 170824: added source6( Bitcoin through the looking-glass )
submitted by ChaosElephant to btc [link] [comments]

Thoughts on the current state of Bitcoin from someone who participates in much of the ecosystem [and tipping thread ;) ]

Hey guys,
So this is something I've been looking at for a while now, and kind of seeing some things die and other things be born. Some things are getting easier, and other things getting more difficult. I want to take this time to outline the last few months and how my sentiment is reflected towards the market. I have to say, the market generally matches how my "emotions" playout towards the ecosystem as a whole.
I'll outline just a few short things on both the bearish and the bullish sides of my sentiment, even if things don't effect the overall sentiment much (at least according to most traders and people) I'd like to point them out because I view them as notable.
Some of the not so good things that have been happening:
Anyway, in many respects it feels like a lot of the bitcoin ecosystem is dying, and maybe we should all panic, cry, and shit our pants, but a few things haven't been going badly, and in fact, I'm looking optimistic that the next time a surge of new users enters the market for whatever reason, there will be a much more developed and kind ecosystem to take part of. No one is going to be touting the next 5 second confirmation coin, no more of the ubiquitous "investment" opportunities that await the uninitiated.
Other than my love for bitcoin in general, this is what makes me not panic sell, and what keeps me optimistic about the bitcoin future:
Alright guys, thats my sentiment overview, and I hope it wasn't tl;dr for most of you. But one last thing I want to point out in terms of user growth. We need to break out of our comfort zone. We need to help people get into it. That btctipping dude? He has the right idea, except, it does kinda feel like he's promoting his own website? I dunno? Anyway, Changetip some newbies. Just the other day in the reddit lounge I tipped a guy a coffee, and he then said "Man that was evil, now I have to spend the next hour learning all about bitcoin"... who knows, maybe his sentiment that the media helped paint is one shade lighter now just from a a couple millibit tip. You can do that too, and I'm here to help you get started. I've got some millibits to give away, give me some awesome feedback, criticism or build your own thoughts on this thread. I tip you, then you go pay it forward. Lets do this!!!
submitted by googlemaster1 to Bitcoin [link] [comments]

06-07 18:21 - 'Hello World, This is bitcoins future. Hodl' (self.Bitcoin) by /u/BlazeWhale removed from /r/Bitcoin within 55-65min

'''
Hello World! This is my message for you from the future. I hope this survives the time transfer and lands in the correct timeline. Just a few checkpoints to make sure this message arrived to the correct timeline.
  1. Chinese invented the compass 9th-11th century.
  2. German Johannes Gutenberg invented the printing press.
  3. Alexander Graham Bell was the first to be awarded a patent for the electric telephone in 1876
  4. First world war 28 July 1914 to 11 November 1918
  5. Second world war 1939 to 1945
  6. Us 35th president John F. Kennedy was in November 1963
  7. May 22 Bitcoin Pizza Day
  8. The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
  9. 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
It is the year 2035. First question what I would have wanted ask in 2017, if I ever got the opportunity to communicate into the future would be: what is the price of bitcoin? Well I would of course want to know the price measured in US dollars or Euros or some other fiat currency. What if I told you the fiat currency value hasn’t been relevant for the last 10 years. A draft beer costs about 2.0-2.5 satoshis (we call them stoshis), A meal in a restaurant around 6-8 stoshis, A good quality Pizza 5 stoshis. Cadrone transport 0.01 - 0.05 stoshi / km. I hope this helps you get the idea of the purchasing power we are talking about. I can briefly tell you about how the massive increase of bitcoins purchasing power rose so fast even the most optimistic bitcoin believers were surprised. There are many factors and events that all had an effect on the rising demand for bitcoins. 2016 after the most tech savvy liberal minded people had bought into bitcoin things started to happen. 2017 was the year when earlies (early adopters) started investing into bitcoin. (I know it’s funny we all thought in 2016-2017 that early adopters had been ones having bitcoin in the first 5 years after it was created). sidenote: Companies who have started working with bitcoin will see their stock value rise which will push more and more businesses to adopt bitcoin. The demand was huge in Japan, but no one really knew the real reason for Japan recognizing bitcoin as a legal method of payment (so absurd, bitcoin doesn’t a permission). I remember people speculating it was because Japan’s economy was terrible and the % of old population wasn’t decreasing. And yes people speculated correctly. After the famous, Tokyo based, bitcoin exchange called Mt.Gox collapsed in 2014 Japanese authorities had to look into what bitcoin was. It took sometime and eventually someone with enough political influence realized the potential. Japan had to play this whole thing smart, if they started buying bitcoin publicly the global FOMO (fear of missing out) would push the price quickly out of their reach and their Japanese Yen would turn into goat shit. So instead they started out by doing small things like legitimizing bitcoin as a payment method, Government services started accepting bitcoin, small amounts of taxes payable with bitcoins and all at the same time trying to buy as much bitcoins as possible without moving the price too much. Of course everyone knows secrets always spill out, especially government secrets. Soon South Korea was “legitimizing bitcoin” and it didn’t stop there. It started to spread. Some governments tried to stop it (Usa, Russia, Some European countries, India) but banning and/or over regulating it turned out to be useless. So what does a desperate government and banking system do when they have the ability to print unlimited amounts of fiat currencies and are losing their power to people. They print money and try to buy all the bitcoins up. Well I can tell you it didn’t work or well it worked in a nice way which made the unfair system of fiat currencies irrelevant. Some countries figured the potential of bitcoin at the same time as Japan and started doing exactly the same as Japan. Making their citizens aware of bitcoin and buying up bitcoin without signaling a panic buy for the others. Switzerland for example started selling bitcoins to their citizens by Swiss Federal Railways ticket machines. How smart is that? China on the other hand banned and unbanned bitcoin a lot in 2014-2015 timeframe. Then the PBOC “cracked” down on the Chinese exchanges, this was all because china wanted to make bitcoin look more attractive for the investors. China had already been buying bitcoins from 2014, small amounts without raising the price too much. This was a long term investment for china which paid off during the collapse of the US dollar and yuan. The second question that probably would interest me in the past (one of the reasons I postponed investing into bitcoin until the beginning of the year 2018) would be the “The Big Scaling Debate” which really looked at the time as fierce debating but it was really just a power struggle to control bitcoin. Segregated Witness was activated and looking from where I am currently standing it was the best technical solution which everyone actually agreed on but some people where blocking it by making up nonsense and stalling the progress. Funny thing is that once actually big chip manufacturers got interested in ASIC manufacturing and bitcoin mining lots of the bad acting bitcoin mining hardware companies found themselves out of business. We all know who we are talking about. For the technically literate I can’t offer much information from the present because it has gone over my understanding. Everything is connected to the bitcoin blockchain. Protocol upgrades made it possible to build layers on top of layers all secured by the hashing power of the bitcoin blockchain. My car’s private key is stored on a layer of the blockchain, my voting password is also there, I have a private key for my identity and the private keys for my kids identities as well as their medical record private keys. How has the planet changed? We finally reached a stage a few years ago where we got the future of planet earth on a level where it will be sustainable to live in as long as the sun doesn’t burn us down. Bitcoin played a big part in this. Deflationary currency has strange effects, nobody on earth produces crap anymore, meaning no cheap electronics that last only a few years, no plastic bags in stores, no cheap clothes that will last only a few times in a washing machine. Everything and I mean it when I say everything is made with high quality materials and products are made to last long. The demand for high quality long lasting items came from the people. Why would you use a few millibits which grew in purchase power every year to buy some crappy headphones that would last 1 year if you were lucky. If they were going to use their precious millibits they wanted something high quality which would last. Also 95% of the worlds energy is from renewable energy sources, when big bitcoin mining operations started struggling with their profit margins they looked at small bitcoin mining operations who had minimized the cost of electricity by using solar panels and hydropower. Funny how bitcoin mining operations trying to be more profitable boosted the use of renewable energy sources, ok I must add that the death of the petrodollar helped also. Electricity isn’t produced anymore for the need of humans it is produced to power the bitcoin mining facilities and we just use the leftover energy which is more than enough. You are currently in the phase of one of the first altcoin bubbles. These bubbles are part of the bitcoin learning curve for people. People tend to forget what bitcoin is about and then seek high % profits from altcoins. This will happen a few times more in history and most of the altcoins will slowly die away and be replaced by new “innovative” ideas. In the upcoming years the value that poured into altcoins will move into bitcoin. Some of the most biggest alts with minor use cases will survive for longer but their ideas will be built and secured properly on different layers of the bitcoin protocol. What do I regret the most? My biggest regret was not buying bitcoins when I first heard of them, also I regret buying a sailboat with 50% of my small bitcoin stash in 2019. Also I regret not getting into mining when it was still profitable for an average person in 2019. But I am happy I hodled the rest. (yes the hodl meme has survived all these years)
One cool thing we discovered besides sending information “back in time” is sending payments to the future. I will be generating the private key for the following bitcoin address on November 20th 2035. I will also login to reddit with the account Blazewhale to celebrate with those of you who are still here. Happy Hodling, price discovery is a bitch.
-BlazeWhale 1CXfRfJhMyr41z3LDiV6USuskUZxCBa1We
'''
Hello World, This is bitcoins future. Hodl
Go1dfish undelete link
unreddit undelete link
Author: BlazeWhale
submitted by removalbot to removalbot [link] [comments]

/r/oBitcoin FAQ - Novatos por favor leiam

Bem vindo ao /oBitcoin FAQ fixada

O texto que se encontra aqui foi desenvolvido por Mtzrkov e outros em Github.com/btcbrdev/oBitcoin e está em domínio público para ser usado livremente por qualquer um.

O que é bitcoin?

Bitcoin (BTC ou XBT) é o primeiro e mais importante dinheiro eletrônico sem autoridade central, baseado numa tecnologia open-source inédita chamada Blockchain, que foi desenvolvida por Satoshi Nakamoto em janeiro de 2009. Essa tecnologia permite a criação de um "banco de dados" confiável P2P (ponto-a-ponto), o que abre caminho para muitos tipos de inovação, sendo uma delas o próprio bitcoin e outras como contratos descentralizados, por exemplo.
Nota: normalmente emprega-se "Bitcoin" em maiúsculo para se referir ao protocolo (baseado na tecnologia Blockchain) e em minúsculo "bitcoin" para se referir a uma unidade da moeda.
O Bitcoin, além de um bem digital, pode ser considerado também um sistema de pagamento, totalmente independente de qualquer sistema já existente, como cartões de crédito, Paypal, bancos e outros. Sua capacidade atual estimada é de 7 transações por segundo, mas essa capacidade pode ser aumentada com o passar do tempo se houver necessidade. Por ser puramente digital e distribuído, o Bitcoin funciona 24/7 e tem alcance mundial, além de ter locais especializados de troca pela moeda local (chamados exchange) nas principais cidades do mundo.
A segurança da rede do Bitcoin, ou seja, o que garante que não existirá um chamado "gasto duplo" do mesmo dinheiro, é o consenso da rede P2P feito pela validação das transações por parte dos mineradores. Para que um minerador consiga incluir um bloco válido na rede, ele precisa utilizar um grande poder computacional. O processo de mineração consiste na realização de cálculos matemáticos para a seleção de quais transações válidas serão incluídas no próximo novo bloco do Blockchain, excluindo aquelas que tiveram uma tentativa de "gasto duplo" naquele período. Cada nó da rede, além dos mineradores, também é capaz de verificar a validade das transações incluídas no bloco. É nesse processo também que aparecem os "bitcoins ainda não descobertos". A distribuição dos bitcoins é feita de forma previsível, tendo uma queda de recompensa pela metade de 4 em 4 anos. Serão encontrados no máximo 21 milhões de unidades da moeda.

Quanto vale um bitcoin?

O preço de mercado de um bitcoin é determinado através da lei da oferta e da procura, portanto estando sujeito a variações de preço por causa de acontecimentos políticos e econômicos (como desvalorização e inflação de moedas estatais, conflitos, maior demanda por Bitcoin etc).
Assim como nas moedas estatais, o preço do bitcoin varia e pode ser diferente dependendo do lugar em que for negociado.
Se você for comprar dólares no Brasil, você terá que procurar uma casa de câmbio que poderá ter a cotação de R$ 3,00 por dólar, por exemplo. Caso vá a outra casa de câmbio, você poderá notar que o preço poderá ser ligeiramente diferente, além das taxas também variarem. Com o Bitcoin não é diferente. Essa variação entre as exchanges (nome comumente usado para se refererir aos locais de compra e venda de bitcoin) são equilibradas pelo mercado através de operações de arbitragem (comprar num lugar mais barato e vender num mais caro).
Para se ter uma ideia do preço médio do bitcoin, você pode dar uma olhada em sites como os que seguem:
Para um gráfico do preço ao longo do tempo, acesse:

Volatilidade

Por ser uma moeda ainda muito recente (inventada em jan/2009) e ainda não muito utilizada, seu preço de mercado ainda é muito volátil. Isso faz do bitcoin um investimento de risco atualmente. O preço tende a ficar mais estável ao longo do tempo, quando o mercado puder definir com mais exatidão seu "preço real". As oscilações também tendem a diminuir conforme o seu market cap (quantidade de moedas x preço) aumentar. Hoje (2015) o market cap do bitcoin é de US$ 3 bi, o que pode ser considerado pouco se comparado ao valor de algumas empresas como a Dell (US$ 24 bi) ou ainda de outras commodities como o ouro (US$ 2.600 bi).
Para um gráfico da volatidade ao longo do tempo, acesse:

Como obter bitcoins?

O bitcoin é um bem digital e assim como outros bens, pode ser adquirido de diversas formas:

1. Negociação direta (P2P / pessoa a pessoa)

Uma das maneiras mais baratas de se negociar bitcoins, porque não tem taxas, é comprando diretamente de outras pessoas que já possuem a moeda. As duas partes chegam a um acordo de preço e a troca é feita. Geralmente quem tem menos reputação entrega o bitcoin ou a moeda local primeiro.
Por ser uma maneira relativamente arriscada, pois não há um mediador para casos de descumprimento de uma das partes, a reputação de alguém deve ser muito considerada. Exemplo: prefira negociar com alguém do seu círculo de amizades (rede de confiança), alguém que você confie muito como familiares e amigos, ou por uma indicação (amigo de amigo). Se a outra parte tem uma reputação duvidosa, prefira negociar aos poucos (divida os valores em várias partes menores e vá trocando aos poucos).
Algumas ferramentas auxiliam nesse processo de reputação e rede de confiança, sendo elas:

2. Negociação indireta (com intermediário)

Outra forma de se negociar bitcoins (e essa provavelmente é a maneira mais conveniente, embora não seja a mais barata) é utilizando um intermediário que viabilize a compra e venda de bitcoins entre pessoas interessadas. Esses intermediários são as "corretoras" ou "bolsas" de bitcoins (mais conhecidas por exchanges).
Essas corretoras fornecem um serviço de intermediação entre compradores e vendedores de bitcoin, cobrando uma taxa para tal. Por causa disso o bitcoin nas corretoras tem um preço final um pouco mais alto do que se fosse comprar de outras maneiras, mas devido ao altíssimo volume, uma operação pode ser realizada instantaneamente.
Além de usar exchanges, você também pode encontrar um intermediário na relação P2P, tornando-a mais segura. Exemplo: um amigo em comum, que pode levar uma comissão previamente combinada para intermediar as duas partes.
Você pode conferir uma lista de corretoras no ExchangeWar. Algumas das principais corretoras brasileiras são:

Onde gastar bitcoins?

Hoje é virtualmente possível gastar os bitcoins em qualquer lugar, usando algum intermediário para trocá-los imediatamente sob demanda por alguma moeda local, como numa exchange ou com serviços como Neteller, Xapo ou Gyft.
Alguns locais porém já aceitam a moeda digital diretamente, como é o caso da Microsoft, Dell e Overstock, além de inúmeras outras ao redor do mundo.
Confira uma lista com mais de 100 mil lugares que já aceitam diretamente o bitcoin em SpendBitcoins ou no CoinMap.
Segue algumas listas de locais que aceitam bitcoin no Brasil:

Como minerar bitcoins?

Para minerar bitcoins você precisa executar um software em um computador especializado (ASIC) que possa realizar uma grande quantidade de operações matemáticas demandada pelo sistema de consenso P2P do bitcoin.
Logo após a criação do Bitcoin em 2009, era possível e rentável minerar bitcoins utilizando o processamento de computadores pessoais (através de simples processadores e placas de vídeo), mas com o tempo essa atividade deixou de ser rentável e tornou-se praticamente impossível para tais máquinas. Isso aconteceu pois o interesse no Bitcoin aumentou muito, trazendo assim mais pessoas para a mineração e impulsionando uma corrida por maior quantidade de processamento. Com o avanço da tecnologia e o aumento do interesse por Bitcoin, mais poder de processamento foi adicionado à rede Bitcoin e isso resultou em um aumento da dificuldade para se encontrar novos Blocos.
Essa é uma característica do protocolo Bitcoin: quanto maior o poder de processamento da rede, maior a dificuldade para se minerar bitcoins - ou seja, maior a dificuldade para se descobrir novos Blocos. Um bloco é um arquivo que possui uma identificação (data, hora e informações genéricas) e um registro das transações (movimentação de bitcoins entre endereços) mais recentes. Resumidamente, os mineradores são uma forma de manter a rede Bitcoin segura e operante, algo que demanda muito poder de processamento (o que torna inviável o uso computadores de propósito geral para tal fim) e que, como retribuição por essa tarefa importante, gera uma recompensa em bitcoins pelo trabalho.
Todas as transações, ou seja, as movimentações em bitcoins realizadas entre endereços (carteiras), são anônimas pois se caracterizam como uma transferência de fundos de um endereço Bitcoin para outro, que, embora tenham relação indireta com pessoas reais, não possuem uma relação direta. Ou seja, não é possível dizer com absoluta certeza que determinada pessoa é detentora de um endereço a menos que ela diga isso em algum lugar - o que torna o Bitcoin algo pseudônimo, não anônimo (você é anônimo apenas se quiser e tiver conhecimentos para tal). Todas as transações da história da rede Bitcoin são públicas e podem ser conferidas em sites como o Blockchain Info.
Então...é impossível minerar hoje em dia num PC comum ou notebook? Sim, mas não é lucrativo. Para isso existem os ASICs (Circuitos Integrados de Aplicação Específica, em inglês Application Specific Integrated Circuits), hardwares específicos para mineração. Há uma lista na Bitcoin Wiki, em inglês, onde estão listados todos os ASICs disponíveis no mercado e também placas gráficas e processadores. É importante notar que embora seja possível minerar bitcoins, não é algo recomendado aos brasileiros, uma vez que o equipamento é caro, importado e possui taxas de importação - além da energia elétrica brasileira, que inviabiliza totalmente o processo.
Nota: Em processo de desenvolvimento: Guardando seus bitcoins e Ganhando bitcoins.

Unidades comuns do bitcoin

Unidade Abreviação Quantidade em bitcoin Uso Nome alternativo
Bitcoin BTC 1,00000000 Unidade básica, usada no client padrão. XBT
millibit mBTC 0,00100000 Padrão em diversos serviços. -
bit μBTC 0,00000100 Possível novo padrão a ser adotado. microbit
Satoshi - 0.00000001 Frequentemente usado para negociar altcoins, menor unidade possível. -

Comunidade brasileira

submitted by felipelalli to oBitcoin [link] [comments]

02-18 16:17 - 'Just think about this and do the math' (self.Bitcoin) by /u/YoSoElIn removed from /r/Bitcoin within 1-6min

'''
More than 16 million bitcoins are already mined, only less than 5 million to go in an ever decreasing supply till 2140.
Many of the existent bitcoins are already lost forever.
Only 1800 bitcoins are mined daily, and that supply is going to be cut in half (to 900 bitcoins daily) in 3 more years (2020).
So, if bitcoin becomes (and it will) even a little bit mainstream, that means that maybe hundreds of millions of people will be fighting to get one of those 1800 coins every day, but they will be so expensive that 99% of people will afford to buy from satoshis to a few millibits, at best.
If you can afford to buy one whole bitcoin now, you will be in the richest 0.1% (maybe 0.01%?) in the future.
'''
Just think about this and do the math
Go1dfish undelete link
unreddit undelete link
Author: YoSoElIn
submitted by removalbot to removalbot [link] [comments]

There are only about 2.9₥ BTC per person

There are currently about 7,192,108,000 people in the world. A total of 21 million bitcoins can/will be made.
21,000,000 / 7,192,108,000 = 0.00291986716 BTC
That's about 2.9 millibits (₥) per person IF everyone adopts Bitcoin and ONCE every Bitcoin has been mined.
Maybe one day we'll get to the point where we need to start referring to BTC in Satoshis. (That would be 2,900,000 Satoshis).
Discuss :)
submitted by TheZombio to Bitcoin [link] [comments]

Best Bitcoin Mining Software That Work in 2020 FREE COIN BITCOIN MINING TAMIL BITCOIN MINING trailer Best Bitcoin Mining Software That Work in 2020??? Review Bitcoin Mining Website 2020 - Bitcoin Miner

General information [] What is Bitcoin? [The main article: Bitcoin Bitcoin is a peer-to-peer digital currency that can be safely and instantly sent to any person in the world. This currency is like electronic money, which you can share with friends or use to pay for your purchases.. What are bitcoins? [Bitcoin is a currency unit of Bitcoin system. . Abbreviation “BTC” is usually used; it However, Bitcoin can be divided into smaller units and denominations that would make it easier for Bitcoin users to spend and use it. Bitcoin = 1 BTC; DeciBit = 0.1 BTC; CentiBit = 0.01 BTC; MilliBit = 0.001 BTC; MicroBit = 0.000001 BTC; Finney = 0.0000001 BTC; Satoshi = 0.00000001 BTC; We can see that the smallest Bitcoin unit is known as Satoshi. MilliBit – 0.001 BTC MicroBit – 0.000001 BTC “Finney” – 0.0000001 BTC “Satoshi” – 0.00000001 BTC. A “Satoshi” is 1 Hundred Millionth of a Bitcoin. The smallest bitcoin unit is called a Satoshi (or a “Sat,” for short). It’s named after Bitcoin’s mysterious founder, Satoshi Nakamoto. Bitcoin’s divisibility is one of its many features. People that have never used cryptocurrencies before might think that they are required to purchase a whole Bitcoin to transact with the new form of currency; however, one Bitcoin is divisible into 100 million units and its smallest unit is called a Satoshi. Other units include: bit and Finney Bitcoin Price fell 30% in a week, reaching a multi-month low of $750. 2-3 March 2017: $1,290+ Bitcoin Price broke above the November 2013 high of $1,242 and then traded above $1,290. April 2017: $1,210 — $1,250 May 2017: $2,000 Bitcoin Price reached a new high, reaching US$1,402.03 on 1 May 2017, and over US$1,800 on 11 May 2017.

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Best Bitcoin Mining Software That Work in 2020

Bitcoin 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 be accepted by the network. Today I am showing you how anyone can start mining bitcoins using their current or old computer!! Nice Hash - https://www.nicehash.com/ Check out the officia... FREE CRYPTO MINING APPS - Cryptocurrency For Beginners BITCOIN & MORE (2020) Pi Network iOS Android - Duration: 8:06. Side Hustles - Making Money Online 36,009 views 8:06 Bitcoin Mining, We offer free high quality display card mining service. We are the only bitcoin mining company that provides this service for free. With simple interface and ease of use you can ... How To Pay Off Your Mortgage Fast Using Velocity Banking How To Pay Off Your Mortgage In 5-7 Years - Duration: 41:34. Think Wealthy with Mike Adams Recommended for you

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