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I have two "ASICMINER Block Erupter 333MH/s ASIC USB BTC Bitcoin Miner SHA256" can somebody help me on what software do i need that will use these usb asics and mine bitcoin or any other crypto coin. (i don't care if is it profitable orn not)
Question: If bitcoin block reward keeps halving, and there’s less incentive to mine, what happens when no one is mining anymore? Doesn’t bitcoin need miners to process the blocks?
(ANSWERED) Sorry if this is a stupid question it’s just stuck on my mind and I don’t know the answer and haven’t found anything on it yet Answer from u/tech4marco - “The mining difficulty is self adjusting. This means that miners will always be in a "lottery" competition to find the next block for the reward plus the fees. There will always be someone that mines as there is a financial incentive. It all comes down to who has the most efficient operation with the most computing power and cheapest electricity.”
What is the Bitcoin Halving and how will the Halving affect the miners? According to the laws of demand and supply, the scarcity of the Bitcoin supply will lead to an increase in Bitcoin demand, leading to a rise in prices. Is this only in theory?
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?
What will miners do if all Bitcoin is mined and transaction fees are very low?
Eventually in over 100 years all Bitcoin will be mined. If transaction fees end up being low, what exactly will miners do? Since there's no bitcoin left to mine, and the fees are low, the reward for mining will be very low. What will miners do? EDIT: Never mind, I think even 1 satoshi fees might be fine if everyone uses it.
03-19 13:25 - 'Good job a shit load of Tether dollars have just been printed, I mean come on scam or what miners desperate for price rises and there you go a load of new Tether tokens. / Where is the value in Bitcoin 😂.' by /u/CreepyCranfield9 removed from /r/Bitcoin within 356-366min
The Bitcoin Miner app has just recently surfaced & it’s allegedly been created by a man named Dan Manson who claims that the software can supposedly enable you to “literally create Bitcoins out of thin air and sell them on for a profit”. Bitcoin mining is how Bitcoin transactions are validated and confirmed by the Bitcoin network. Bitcoin miners create a new block by solving a proof of work problem that is chained through cryptographic proof to the previous block. The Best Bitcoin mining Software, try it Now! Depending on the difficulty of mining the block and the value to be deciphered, your profit may change, however, on average our users with the key of the Silver plan, with 3 uses in a day, have been able to generate between 0.15 BTC and 0.32 BTC, which is profitable if you compare it with the investment of the Mining key. Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. Bitcoin is one of the fastest growing currencies world-wide, with over $117.81 Billion USD market capital. CakeMiner is on the front-line battling the operational costs of running the machines. Start today earning bitcoin for free. Join CakeMiner.
Bitcoin miner 2020 no fee legit miner mobile mining btc + payment proof
What is Bitcoin Mining? #Bitcoin #BitcoinMining #CryptocurrencyMining. How To Pay Off Your Mortgage Fast Using Velocity Banking How To Pay Off Your Mortgage In 5-7 Years - Duration: 41:34. Think ... Interview with VP Minebest PETER. DC3 Overview and Cyber Threat Intelligence and APT 101 Intro - Duration: 53:46. Penn State World Campus Tech Club 114 views Since the scrapping of banking ban on cryptocurrency, crypto mining in India has been a growing industry. It is the process of processing transactions and adding them to the blockchain. Verifying ... What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? This short video is an animated introduction to Bitcoin Mining. Credits: Voice - Chris Rice (www.ricevoice.com) Bitcoin Miner Machine a graphical frontend for mining Bitcoin, providing a convenient way to operate Bitcoin miners from a graphical interface. It supports both AMD and NVIDIA GPUs, as well as CPU ...