What is Bitcoin Mining? Or Digital Currency Mining? - Coin

Bitcoin News Uncensored

uncensored bitcoin news
[link]

Crypto Currency Live

News and blog aggregator for Bitcoin, Altcoin and Crypto Currency Mining
[link]

bitcoin in Aotearoa

A sub to chat all things bitcoin in New Zealand.
[link]

How can bitcoin become a actual currency if one day mining rewards get so low that no one will want to mine new blocks anymore ?

A lot of people like Bitcoin and other crypto-currencies for trading, but if we want them to become actual currencies, it should get stabilized and offer easy payment methods. (Edit : I know Bitcoin payements are easy, but I mean, Bitcoin should become attractive enough so anyone can buy stuff with it, without having to convert it the way it’s done currently I guess)
I actually would like it to stabilize around 8 or 10k.
But what will happen when the mining reward will get too low and nobody will want to mine new blocks for new transactions ?
submitted by _threads to Bitcoin [link] [comments]

07-08 20:05 - 'Hit me up to know more about mining with the s9 antminer hardware and get profit after every 24 hits of the bitcoin you mine / Knowing fully well that bitcoin is now the future currency' by /u/gabriel_andrew removed from /r/Bitcoin within 670-680min

'''
Hit me up to know more about mining with the s9 antminer hardware and get profit after every 24 hits of the bitcoin you mine Knowing fully well that bitcoin is now the future currency
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: gabriel_andrew
submitted by removalbot to removalbot [link] [comments]

How is bitcoin supposed to become a widespread currency/mean of payment if most of the 21 million coins to ever exist are already mined and in the hands of very few people?

submitted by gotham64 to BitcoinBeginners [link] [comments]

Chinese Bitcoin mining dominance waning! - Currency.com News

Chinese Bitcoin mining dominance waning! - Currency.com News submitted by Gaveen1999 to Currencycom [link] [comments]

Add CryptoTab to your Chrome (or Firefox) browser and start to Make Money With Earn Bitcoin Mining, What Is Bitcoin Mining, Earn Btc, Bitcoin Currency.

Add CryptoTab to your Chrome (or Firefox) browser and start to Make Money With Earn Bitcoin Mining, What Is Bitcoin Mining, Earn Btc, Bitcoin Currency. submitted by fortnite4technics to u/fortnite4technics [link] [comments]

05-11 10:44 - 'Experiment: Mining crypto-currencies with Youtube in 1 week and distributing profits among the participants' (self.Bitcoin) by /u/Isidrator removed from /r/Bitcoin within 1303-1313min

'''
Good morning,
I've started an interesting experiment, I'm going to mine crypto currencies and the profits that I get in 1 week I'm going to distribute them among all the participants of the video that I published in Youtube [video]1 . I recorded the video in Spanish but I think it's easy to understand what I am doing xDD
We'll see how all this turns out, at least I'm sure a good waste of electricity will get me there ;)

Update of the experiment 10-May-2020 (Commentary in the youtube video): In total we are 8 participants (I include those who have written to me privately saying that they want to participate). We have generated a profit of 0.43 ? in these 4 days we have been mining. I'm going to continue until we do the 7 days. As I said and I maintain, the profits will be shared equally among the participants although I doubt that they will be large xDD

Greetings
'''
Experiment: Mining crypto-currencies with Youtube in 1 week and distributing profits among the participants
Go1dfish undelete link
unreddit undelete link
Author: Isidrator
1: w*w.youtub*.*o*/wat*h?*=*yY*fN4*0xc*amp;t=5*s
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

What was Satoshi Nakamotos purpose for creating bitcoin. How can it replace other currencies and why does it inherently have value, once they’re all mined?

submitted by Aspanu24 to conspiracy [link] [comments]

Bitcoins and crypto’s. Crypto currencies mining.

submitted by mikemasic01 to Bitcoining [link] [comments]

The Everything Guide to Investing in Cryptocurrency: From Bitcoin to Ripple, the Safe and Secure Way to Buy, Trade, and Mine Digital Currencies

submitted by arabahrami to FreeForBook [link] [comments]

Can someone ELI5 how to turn my xyo coins that I have mined into actually money? I have no experience with bitcoins or crypto currency.

I understand that I need to transfer them to a wallet of some sort, but I’m lost beyond that. And I have googled it, but I’ve not really understood the answers...
submitted by Bratters88 to CoinWithUs [link] [comments]

Use my code to mine much more pi. Using this code grants you the opportunity to mine much more pi which has huge potential in the future of being the next ‘bitcoin’ like currency :)

Use my code to mine much more pi. Using this code grants you the opportunity to mine much more pi which has huge potential in the future of being the next ‘bitcoin’ like currency :) submitted by JRowlandx to PiNetworkMining [link] [comments]

03-09 20:15 - 'Free mobile mining crypto currency Pi Coin (early stage means lots of coins)' (self.Bitcoin) by /u/django023 removed from /r/Bitcoin within 0-9min

'''
The cryptocurrency is called Pi and has an app that will mine Pi coins for you every day without draining your battery or anything. The best part is that it's free and with it being in early stages, you can utilize the high mining speeds to stock up on this coin before it hits the market. All you need to use is download the app by going to minepi.com and when asked for an invite code, use Django023 and you'll be all setup for mining Pi coins!
You can also download the app directly from the appstore by searching "Pi Network" just register and when they ask for a referral code just use the key: Django023
[link]1 [link]2
This is from there FAQ: Pi is a new cryptocurrency that you can “mine” (or earn) from your mobile phone. Cryptocurrencies are new form of digital money that are maintained and secured by a community, instead of governments or banks. Today, you can mine (or earn) Pi by helping to secure the currency and by growing and supporting the network. While most cryptocurrencies (like Bitcoin) have been very hard for everyday people to use and access, Pi puts the power of cryptocurrency into the palm of your hand.
Enjoy high mining speeds and thanks for reading!
'''
Free mobile mining crypto currency Pi Coin (early stage means lots of coins)
Go1dfish undelete link
unreddit undelete link
Author: django023
1: pl**.*o*gle.c**/store/a*ps/de*ails?*d*com.*lo*kchai**ault 2:
minepi.com/Django023
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

People of reddit what are your experiences in using crypto currency? Have you tried bitcoin mining?

submitted by steezy1012 to AskReddit [link] [comments]

Time to power oil-fired generators to mine Bitcoin and other PoW currencies?

Time to power oil-fired generators to mine Bitcoin and other PoW currencies? submitted by Kipyegonn to CryptoCurrencyTrading [link] [comments]

TIL: Bitcoin mining uses less electricity than gold mining, paper currency printing, the banking system and also governments.

TIL: Bitcoin mining uses less electricity than gold mining, paper currency printing, the banking system and also governments. submitted by MoonMan_666 to Bitcoin [link] [comments]

Nowadays, bitcoin makes important waves in the financial and media world. This digital currency has already changed the world and the way we deal with money. Own your personal Cryptocurrency mining set with OrionKey investment plan. Contribute today to get as much as 250% profit.

Nowadays, bitcoin makes important waves in the financial and media world. This digital currency has already changed the world and the way we deal with money. Own your personal Cryptocurrency mining set with OrionKey investment plan. Contribute today to get as much as 250% profit. submitted by Orionkey-Crypto to u/Orionkey-Crypto [link] [comments]

Bitcoin & It's Im pact On Currency | nuv mining

Bitcoin is an advanced sort of money that was introduced in 2009! It operates by making it possible for transactions to go through without the requirement for the middle man. For that reason no banks are called for.
nuv mining
You likewise obtain the advantage of no purchase costs as well as no need offering your real name. With such flexibility bitcoin has actually ended up being extensively accepted by both customers and also sellers. It likewise can be made use of to buy host services, foods online, and almost any kind of solution you can think about online.
nuvmining
Bitcoin has actually influenced a lot on the money sector. It can be quickly used to purchase product anonymously. It additionally provides the advantages of easy as well as low-cost worldwide payments and is exempt or restricted to any kind of nation or law.
Some people see Bitcoin as a lorry for investments as well as purchase Bitcoin by relying on that they will certainly raise in worth.
To get Bitcoins, you can buy on an Exchange market that permits people acquire or offer them, using other different currencies.
The transferring of Bitcoins is quickly done by forwarding Bitcoins to each other person utilizing mobile apps or their PCs online. It's much like sending money electronically.
With Bitcoins you have a currency worth that can be saved in what's called a "electronic budget," which subsists either within the cloud or on a computer. This digital wallet is like a digital checking account that allows account owners within it send or receive Bitcoins, acquisition goods and solutions or keep them.
Although most savings account are guaranteed by the FDIC, Bitcoin purses are not, yet they are risk-free, protected as well as have repayment flexibility advantages.
Unlike the United States dollar, gold, silver, or some other precious metals, Bitcoins are limited and this shortage is algorithmic.
In regards to worldwide compensation Bitcoin is a victor. There is no stress over fraud or protection. At some money exchange businesses for instance, migrant employees might utilize Bitcoin to send out settlements from one nation to an additional by means of e-mail.
On the 27th of June in 2014, the US Government was set up to auction off about 30,000 BTC that was taken from the closure of Silk Road, an online underground market procedure. During that time, the worth of Bitcoins was 633.84 bucks. Today, one Bitcoin is worth regarding $655.48 US dollars around the time that this post was written.
If you take an excellent take a look at some the neighborhood merchants midtown, the inner cities or online, you will see the Bitcoin logo design approval in the window or on the door.
Bitcoin is still growing as well as is making a tremendous development in the direction of being just one of the most practical currencies ever created.
submitted by Nuvmining to u/Nuvmining [link] [comments]

People who make a fair amount of money mining bitcoins or other currencies, what was the hardest part starting mining?

submitted by Eloki12 to AskReddit [link] [comments]

Introduction to Kin: Universal Virtual Currency for Apps -- A New Revenue Model for App Developers Similar to “Bitcoin Mining”, but Based on User Engagement

Introduction to Kin: Universal Virtual Currency for Apps -- A New Revenue Model for App Developers Similar to “Bitcoin Mining”, but Based on User Engagement submitted by Kyzermf to KinFoundation [link] [comments]

11-26 17:33 - 'If you know you've not started trading Binary option, Bitcoin mining, and Forex trade, then you are not ready to make it in life, cause the most greatest and profitable currency in the world is digital currenc...' (i.redd.it) by /u/Tanyavoronova removed from /r/Bitcoin within 12-22min

If you know you've not started trading Binary option, Bitcoin mining, and Forex trade, then you are not ready to make it in life, cause the most greatest and profitable currency in the world is digital currency inbox me now to get started
Go1dfish undelete link
unreddit undelete link
Author: Tanyavoronova
submitted by removalbot to removalbot [link] [comments]

@Reuters: RT @Breakingviews: Bitcoin mining IPO mirrors currency volatility, says @sharonlamhk: https://t.co/hURwseUcHN https://t.co/p0xwpOGMoE

submitted by -en- to newsbotbot [link] [comments]

@Reuters: Breakingviews - Bitcoin mining IPO mirrors currency volatility https://t.co/B0c8JKsyFG https://t.co/3nV8VmITXb

submitted by -en- to newsbotbot [link] [comments]

Mining City Bitcoin Vault Presentation +27621191925 Free Bitcoin Mining Website 2020  Mine 1 BTC Daily Best Bitcoin Cloud Mining Site in 2020  Earn Bitcoin Free  How to Earn Bitcoin in 2020 BITCOIN MINING ,METHOD OF MINING ,TECHNIQUES , EARN FREE ... Free Bitcoin Mining Website 2020  Mine 1 BTC Daily  Bitcoin Giveaway

Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with Bitcoin’s founders had created what they hoped was a foolproof way of distributing bitcoin to the world. They agreed that bitcoin distribution would be ongoing over a period of time until a maximum figure of 21 million bitcoins were in circulation. And to release these bitcoins required the process of bitcoin mining. Bitcoin mining explained Digital currency mining, through SHA-256 for Bitcoin, Scrypt for many other currencies, and a plethora of other algorithms that have been developed, is a growing industry, with Bitcoin mining, and Scrypt mining, machines being created that cost $10,000+.. So, Why Do People Mine Digital Currencies? Mining is the primary method for transaction processing, recording, and security for most digital Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger. The Bitcoin Mining Contracts are generally sold for bitcoins on a per-hash basis for a particular period of time. There are many factors that go on to impact Bitcoin Mining Contract profitability. The primary factor is the Bitcoin price. For instance, Pay per GHash/s is 0.0012 BTC / GHs for a 24-month contract. Moreover, Contracts can vary from

[index] [4734] [25716] [3115] [24876] [3960] [25146] [13673] [8778] [18625] [7471]

Mining City Bitcoin Vault Presentation +27621191925

Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which ... Hey Guys !! I am " Vtech Earners" And Today in this video i will Explain to You ,How to Earn Free Bitcoin 2020 , Best Bitcoin Cloud Mining Site By Vtech Earners Site Link https://slaym.in/ref ... Hey Guys !! I am " Vtech Earners" And Today in this video i will Explain to You , Best Bitcoin Cloud Mining Site in 2020 Earn Bitcoin Free How to Earn Bitcoin in 2020 Site Link https ... Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which ... Free bitcoin mining, Free mining site today, Cloud mining website, ... How to earn free crypto currency New free bitcoin cloud mining site 2020 New free Bitcoin cloud mining website 2020.

Flag Counter