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CryptoCurrency Discuss all CryptoCurrencies / coins and their use for personal or business purposes. Bitcoin (BTC) is possibly the best known but there are numerous crypto currencies, this is the forum to discuss them all.

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  #1  
Old 06-25-2018
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Arrow How Bitcoin Mining Works

Before you start mining Bitcoin, it's useful to understand what Bitcoin mining really means. Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. The speed at which you mine Bitcoins is measured in hashes per second.
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Old 06-25-2018
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Default Re: How Bitcoin Mining Works

This is correct.
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Old 06-26-2018
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Default Re: How Bitcoin Mining Works

OP has been MU'ed...odd.
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Old 06-26-2018
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Default Re: How Bitcoin Mining Works

Not really. There was a lot of signs pointing to this OP and another being the same person and spamming dozens of crypto related posts.
Good call banning them both.
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Old 07-06-2018
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Default Re: How Bitcoin Mining Works

Yes, you are telling right.
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Old 07-15-2018
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Default Re: How Bitcoin Mining Works

Quote:
Originally Posted by michaeltuttle123 View Post
Yes, you are telling right.
This user is MU'ed as well - heard some stories of some selling of accounts by this user....
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Old 07-15-2018
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Default Re: How Bitcoin Mining Works

Bitcoin Mining works like this..

If you were to design a miner, or program a FPGA to design a ASIC for the SHA 256 algo (bitcoin), this is what you want it to do as fast and as efficiently as possible...


Last edited by nate; 07-15-2018 at 12:29 PM.
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