Bitcoins Mining - so geht's - CHIP

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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VeriCoin

The home for the most innovative cryptocurrency, VeriCoin and Verium VeriCoin: Proof-of-Stake-Time Protocol. PoST Verified. Verium: Proof-of-Work-Time Protocol. PoWT Verified. CPU Mine-able (GPU and ASIC Resistant)
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Nutcoin

Nutcoin - The Anti Scarcity Stabilized Currency
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In case anyone wonders once again what miners incentive will be to process new blocks once all bitcoins are mined...

In case anyone wonders once again what miners incentive will be to process new blocks once all bitcoins are mined... submitted by castorfromtheva to Bitcoin [link] [comments]

@binance: What Is #⃣Hashing? There are many steps in #Bitcoin mining that involves hash functions, such as checking balances, linking transactions inputs/outputs, & hashing transactions within a block to form a Merkle 🌳 Learn why it matters with @BinanceAcademy👇 https://t.co/VJnAGFkBku

@binance: What Is #⃣Hashing? There are many steps in #Bitcoin mining that involves hash functions, such as checking balances, linking transactions inputs/outputs, & hashing transactions within a block to form a Merkle 🌳 Learn why it matters with @BinanceAcademy👇 https://t.co/VJnAGFkBku submitted by rulesforrebels to BinanceTrading [link] [comments]

What many small block trolls like to say about Bitcoin Cash mining is that it's controlled by a single miner. This is false. The grey area in the pie chart is other mining pools (plural). These are all unknown mining pools, not a single pool.

What many small block trolls like to say about Bitcoin Cash mining is that it's controlled by a single miner. This is false. The grey area in the pie chart is other mining pools (plural). These are all unknown mining pools, not a single pool. submitted by BitcoinXio to btc [link] [comments]

What are the odds like of mining a block on a standard PC compared with winning the lottery? /r/Bitcoin

What are the odds like of mining a block on a standard PC compared with winning the lottery? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

What will miners get as reward for mining blocks when there are no more Bitcoins to be created?

submitted by gone11gone11 to btc [link] [comments]

solo mining- I want to buy hash power and solo mine bitcoin, what are my odds of getting a bitcoin block?

solo mining- I want to buy hash power and solo mine bitcoin, what are my odds of getting a bitcoin block?
submitted by JammyTor to NiceHash [link] [comments]

Bitcoin Core: "Warning: you are mining unknown blocks versions" What does it mean???

Bitcoin Core: submitted by lukigno95 to Bitcoin [link] [comments]

The Mempool hasn't been this low since Replace-By-Fee was re-implemented into the Bitcoin Core client almost two years ago. TXs are cheap now, but at what cost to mining decentralization if they remain cheap in the future when there is no block reward? /r/Bitcoin

submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

The Mempool hasn't been this low since Replace-By-Fee was re-implemented into the Bitcoin Core client almost two years ago. TXs are cheap now, but at what cost to mining decentralization if they stay this cheap in the future when there is no block reward? /r/Bitcoin

The Mempool hasn't been this low since Replace-By-Fee was re-implemented into the Bitcoin Core client almost two years ago. TXs are cheap now, but at what cost to mining decentralization if they stay this cheap in the future when there is no block reward? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

What will miners get as reward for mining blocks when there are no more Bitcoins to be created? /r/btc

What will miners get as reward for mining blocks when there are no more Bitcoins to be created? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What are the chances of winning a block solo mining? /r/Bitcoin

What are the chances of winning a block solo mining? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What many small block trolls like to say about Bitcoin Cash mining is that it's controlled by a single miner. This is false. The grey area in the pie chart is other mining pools (plural). These are all unknown mining pools, not a single pool. /r/btc

What many small block trolls like to say about Bitcoin Cash mining is that it's controlled by a single miner. This is false. The grey area in the pie chart is other mining pools (plural). These are all unknown mining pools, not a single pool. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

what's the current ratio of tx fees to mining block reward? are we anywhere close to 1:1? /r/Bitcoin

what's the current ratio of tx fees to mining block reward? are we anywhere close to 1:1? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

If These DragonMint - or whatever - Miners Are Legit, and I Buy 5, What Are My Chances of Actually Mining a Block in 6 months? /r/Bitcoin

If These DragonMint - or whatever - Miners Are Legit, and I Buy 5, What Are My Chances of Actually Mining a Block in 6 months? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

08-28 16:02 - 'So what about today... Solo LUCK mining, POOL mining or ALT mine another SHA-256. What would you do? / Picked up a USB stick and a Block Erruptor CUBE as a history piece. Tried running both to verify they are functional. / I...' by /u/CryptoxGEEK removed from /r/Bitcoin within 9-19min

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So what about today... Solo LUCK mining, POOL mining or ALT mine another SHA-256. What would you do?
Picked up a USB stick and a Block Erruptor CUBE as a history piece. Tried running both to verify they are functional.
Issue with the CUBE is it's GET WORK and it and the PC on my home network monoplized traffic on the router.
So what has me curious is how to scale you data traffic if mining off an ISP from home so as not to max out your limits with Mining, VoIP, Streaming TV and just Interactive Gaming?
'''
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Author: CryptoxGEEK
submitted by removalbot to removalbot [link] [comments]

08-25 10:42 - 'Who or what's driving bitcoins use? All of the above. / Commerce, Remittance, Speculation etc etc / A better question to me is, why are miners, the same miners Roger supports heavily, mining empty blocks but complaining b...' by /u/TwoWeeksFromNow removed from /r/Bitcoin within 0-7min

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Who or what's driving bitcoins use? All of the above.
Commerce, Remittance, Speculation etc etc
A better question to me is, why are miners, the same miners Roger supports heavily, mining empty blocks but complaining blocks are full?
'''
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Author: TwoWeeksFromNow
submitted by removalbot to removalbot [link] [comments]

What incentives do miners have to continue mining after all BCs have been mined. Wont the currency effectively stop after blocks are no longer being processed? /r/Bitcoin

What incentives do miners have to continue mining after all BCs have been mined. Wont the currency effectively stop after blocks are no longer being processed? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

What are miners that wanted larger blocks waiting for? Why aren't they mining Bitcoin Cash already? /r/btc

What are miners that wanted larger blocks waiting for? Why aren't they mining Bitcoin Cash already? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Core: "Warning: you are mining unknown blocks versions" What does it mean??? /r/Bitcoin

Bitcoin Core: submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The Worlds 6th Biggest Mining Pool Tests Bitcoin Unlimited. If you are interested on bitcoin trading visit our website Houbi.com. What do you think of ViaBTCs decision to experiment with Bitcoin Unlimited? What will it mean for the Bitcoin block size debate? Please leave the comments below.

The Worlds 6th Biggest Mining Pool Tests Bitcoin Unlimited. If you are interested on bitcoin trading visit our website Houbi.com. What do you think of ViaBTCs decision to experiment with Bitcoin Unlimited? What will it mean for the Bitcoin block size debate? Please leave the comments below. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

10-11 06:57 - 'Jesus... is that your understanding of the blocksize problem? Do you know nothing about block validation/signature verification times, propagation delays, selfish mining attacks? / What are they teaching you over in r/btc a...' by /u/globalredcoin removed from /r/Bitcoin within 0-5min

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Jesus... is that your understanding of the blocksize problem? Do you know nothing about block validation/signature verification times, propagation delays, selfish mining attacks?
What are they teaching you over in /btc anyway?
'''
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Author: globalredcoin
submitted by removalbot to removalbot [link] [comments]

What incentive is there for miners to mine as the block rewards get less and eventually all Bitcoins are mined (theoretically)?

Theoretically once all Bitcoins have been mined then miners will receive rewards in the form of transaction fees right? But surely in order for that to be worth doing our transaction fees cannot be kept low which in turn would put people off of using Bitcoin. If our ultimate goal for Bitcoin is fast transactions and low fees then what incentive would miners have to mine to keep the blockchain alive?
I'm just speculating as I'm new to this and trying to get my head around the technology.
I would love to hear your thoughts on how Bitcoin can efficiently sustain itself in the future.
submitted by DeadMansTetris_ to Bitcoin [link] [comments]

What Bitcoin Miners Actually Do What is inside a Bitcoin block? Programmer explains. How Bitcoin mining actually works - What is the ... Block Reward Halvings for Bitcoin/Cryptocurrencies ... What is Bitcoin Mining?  Bitcoin Mining Explained  How ...

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. Mining ist ein Transaktionsprotokollprozess mit Bitcoins zu blockchain - der öffentlichen Datenbank aller Operationen mit Bitcoin, die für die Transaktionsbestätigung verantwortlich ist. Netzwerkknoten verwenden Blockchain, um die tatsächlichen Transaktionen von dem Versuch zu unterscheiden, die gleichen Einrichtungen zweimal zu verwenden. Das Bitcoin-Netzwerk muss es also schwieriger machen, denn ansonsten würde jeder hunderte Blocks in der Sekunde hashen und alle Bitcoins wären in ein paar Stunden geschürft. Das Bitcoin-Protokoll macht es den Minern entsprechend durch die Einführung eines sogenannten Arbeitsnachweises absichtlich schwieriger – die Mining-Schwierigkeit steigt mit der Zeit an. Bitcoin mining is an intriguing subject that can sometimes be overwhelming to understand at first without some research. One particular subject concerning the topic of mining is empty blocks, and ... Satoshi Nakamoto, Bitcoin’s creator, set the block reward schedule when he created Bitcoin. It is one of Bitcoin’s central rules and cannot be changed without agreement between the entire Bitcoin network. The block reward started at 50 BTC in block #1 and halves every 210,000 blocks. This means every block up until block #210,000 rewards 50 ...

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What Bitcoin Miners Actually Do

Time and time again, bitcoin and/or cryptocurrency analysts refer to block reward halvings when analyzing crypto prices... why are they so important? This qu... What it really takes to mine a Bitcoin in 10 Minutes. Firstly I'll show you a special free method to mine Bitcoin and send funds directly to your wallet in 1... In this video I try to breakdown the "cryptographic problem" that people reference when they talk about bitcoin mining. Blockchain explorers: blockchain.info, blockr.io, blockexplorer.com To do a SHA 256 on a string of text: http://www.xorbin.com/tools/sha256-hash-calculator T... Blockchain/Bitcoin for beginners 6: blocks and mining, content and creation of bitcoin blocks - Duration: 46:48. Matt Thomas 11,077 views

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