Bitcoin Mining Guide - Getting started with Bitcoin mining

Primecoin

Discussion about Primecoin and its infra. Primecoin is a very innovative cryptocurrency, being the 1st non Hash-Cash PoW crypto, naturally scarce (not artificially), with very fast confirmations (1min), elastic readjusting reward & a useful mining (byproducts are primes). Primecoin is sustainable (miners are guaranteed to have revenues), and decentralized (ASIC/FPGA are not particularly advantaged). Sidechain for decentralized data applications (e.g. Storj) currently in development.
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r/Cryptocurrency testing

For testing out CSS changes to CryptoCurrency.
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Bolton Holding - a reliable partner to make your projects come true

The Challenge that makes your dreams come true
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how to data mine bitcoin | bitcoin mining computer

how to data mine bitcoin | bitcoin mining computer submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Owning Bitcoin is like owning equity in a virtual whole-life insurance policy, a bank, data storage provider, gold mining/energy company, networking company, a casino, a credit union, a money market, and a communications company all rolled into one.

Fully backed by the full faith and credit of its users... and the most secure back-office automated accounting system of all time.
Rating: Buy
submitted by the420chronicler to Bitcoin [link] [comments]

"Bitcoin research" entity finds that US share of BTC mining has doubled to 14%. The fact that they had data for only a small fraction of mining outside the US may perhaps be interpreted a possible suggestion of some potential concern about the solidity of the analysis.

submitted by jstolfi to Buttcoin [link] [comments]

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%.

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%. submitted by wnuins to CryptoCurrency [link] [comments]

block.one invests in Northern Data 180 MegaWatt bitcoin mining operation, with option to upsize to 300MW. B1 CEO, Brendan Blumer, states it will be powered by EOSIO. My question is how is the EOSIO software related to Bitcoin mining?

block.one invests in Northern Data 180 MegaWatt bitcoin mining operation, with option to upsize to 300MW. B1 CEO, Brendan Blumer, states it will be powered by EOSIO. My question is how is the EOSIO software related to Bitcoin mining? submitted by ColinTalksCrypto to eos [link] [comments]

08-31 07:38 - 'I would appreciate if you explained how I'm wrong. I once wrote a Bitcoin miner (which connects to a stratum mining pool), and have dived quite deep into the math, data structures and algorithms behind Bitcoin, so I think I kn...' by /u/mort96 removed from /r/Bitcoin within 475-485min

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I would appreciate if you explained how I'm wrong. I once wrote a Bitcoin miner (which connects to a stratum mining pool), and have dived quite deep into the math, data structures and algorithms behind Bitcoin, so I think I know what I'm talking about, but I'm always receptive to a well-reasoned explanation of how I'm wrong so that I can learn something new.
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submitted by removalbot to removalbot [link] [comments]

6 Most Weird Techniques Used For Bitcoin Mining So Far

6 Most Weird Techniques Used For Bitcoin Mining So Far

This news comes from https://www.livebitcoinnews.com
Bitcoin continues hitting the news for a variety of reasons. It is the most popular cryptocurrency and with increasing acceptance across industries, more people want to enjoy a piece of the pie.By the end of 2018, the global value of Bitcoin reached 66 billion U.S. dollars.
One of the greatest offshoots of Bitcoin’s growth is Bitcoin mining. It is essential for the survival of the cryptocurrency as it deals with creating new bitcoins. It is one of the most popular activities with techies seeking to cash in on the Bitcoin craze. The idea of mining cryptocurrency might sound farfetched, but the investments going into this activity are enormous.
Success as a Bitcoin Miner
The hardware and software required for Bitcoin mining are expensive and this has seen investors injecting millions of dollars into their projects. Miners require specialized computers and software to get the job done. There’s also the high cost of electricity and bandwidth which makes it difficult for everyone to join the fray.
How does Bitcoin mining work? If you want to succeed in Bitcoin mining, you need dedicated processing power, a lot of energy supply, cutting-edge ASIC mining hardware, and a lot of time. In a slow global economy, Bitcoin mining remains a viable income-generating activity. You enjoy insulation from inflation and you don’t have to worry about capital controls.
As the interest around Bitcoin continues, it is interesting to note some of the most brazen techniques Bitcoin miners have tried so far.
1.Using the Apollo Guidance Computer (AGC)
The creation of the Apollo Guidance Computer (AGC) was solely to guide U.S rockets to the moon. It was one of the earliest computers made and it was huge and slow. With computing power in high demand for Bitcoin mining, a restoration team consisting of Ken Shirriff, Carl Claunch, Marc Verdiell and Mike Stewart tried reviving the AGCA for this task. The AGC team was however disappointed by the results. At a hash rate of 10.3 seconds per Bitcoin hash, the team discovered it would take billions of years to mine a Bitcoin block.
2.Mobile Data Mining With Waste Gas
The idea is to install Bitcoin data-mining centers at oil rigs which has a need to vent gas. The data center developers argue that this would generate more revenue than selling fuel. It is also an easier way to reduce carbon print. The Ohmm® mining data center is an alluring proposition and one most miners would pick up.
3.Nuclear Reactors
A report on Forbes says Bitcoin miners harnessing power in a nuclear reactor compromised one of these sensitive installations in Ukraine. Nuclear reactors produce excess energy due to their sheer size. Using this exceeds energy on a profitable venture such as mining bitcoins is a great idea but only with a clear framework.
4.Mosque Data Mining
Bitcoin miners will go to any lengths to find the energy to power their supercomputers. A mosque is an unlikely palace for such an activity but due to a government subsidy of free electricity, Iranian Bitcoin miners now work from these holy places. A government crackdown has not managed to kill the practice.
5.Cryptojackers
While most online hackers want to steal your identity or harm you, crypto-jackers are a different breed. These are hackers interested in the computing power of your network. These computer geeks are so suave that some even hacked the Tesla company cloud and tapped computing power for Bitcoin mining.
6.Leveraging Bitcoin Mining Byproducts
Bitcoin mining systems generate a lot of heat and creative miners now use this to do other things. Some innovative miners heat their homes using this byproduct while others use the same for rum making among other tasks.
submitted by Moustache_Group to BitcoinMining [link] [comments]

Owning Bitcoin is like owning equity in a virtual whole-life insurance policy, a bank, data storage provider, gold mining/energy company, networking company, a casino, a credit union, a money market, and a communications company all rolled into one. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Northern Data — A Shady Bitcoin Mining Host, camouflaging under High Performance Computing/Artificial Intelligence Story

Northern Data — A Shady Bitcoin Mining Host, camouflaging under High Performance Computing/Artificial Intelligence Story submitted by pcaversaccio to CryptoCurrency [link] [comments]

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40% submitted by somuchinfook to u/somuchinfook [link] [comments]

Northern Data — A Shady Bitcoin Mining Host, camouflaging under High Performance Computing/Artificial Intelligence Story (x-post from /r/Cryptocurrency)

Northern Data — A Shady Bitcoin Mining Host, camouflaging under High Performance Computing/Artificial Intelligence Story (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%

European Bitcoin (BTC) mining firm Northern Data has seen its stock fall 40% in days amid claims that it committed fraud. Data from Bloomberg showed the company’s NB2 stock trading at under €47 ($53.70) at the end of July 17, down from €79 ($90.30) on Monday. Northern Data: “We’re as transparent as it gets” Northern […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%

submitted by raaner12 to Altcoinss [link] [comments]

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40% submitted by Ranzware to BitNewsLive [link] [comments]

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%.

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%. submitted by Same_As_It_Ever_Was to Monero [link] [comments]

Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty

Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty submitted by somuchinfook to u/somuchinfook [link] [comments]

Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty

submitted by Ranzware to BitNewsLive [link] [comments]

Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty

Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty submitted by InTheKnow_2016 to mrcryptolive [link] [comments]

Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day.The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly fell back to $9,500 on June 24. Poolin

Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day.The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly fell back to $9,500 on June 24. Poolin submitted by Misha_O to NewsBlock [link] [comments]

Digital Assets Data CEO Weighs in on Bitcoin’s Mining Difficulty

Recent findings from analytics company Digital Assets Data show miners hanging on to their Bitcoin (BTC).  “Rolling MRI (Miner’s Rolling Inventory) has declined significantly since the halving, meaning that miners are holding onto more BTC than they are mining, despite the (presumed) increased costs of the added hash power to the network,” Digital Assets Data […]
submitted by FuzzyOneAdmin to fuzzyone [link] [comments]

06-13 16:44 - 'They sell your info. Data mining. Kidnappings. Murder . This is a intent on your life by me' by /u/samg20k removed from /r/Bitcoin within 31-41min

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They sell your info. Data mining. Kidnappings. Murder . This is a intent on your life by me
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Author: samg20k
submitted by removalbot to removalbot [link] [comments]

Data Miner is a Google Chrome and Microsoft Edge browser addendum that helps ... Bitcoin mining is affectionate of apprentice as abundant as you comes to bitcoin mining. ... It has been never easier afore to accomplish money online and pay your bills

Data Miner is a Google Chrome and Microsoft Edge browser addendum that helps ... Bitcoin mining is affectionate of apprentice as abundant as you comes to bitcoin mining. ... It has been never easier afore to accomplish money online and pay your bills submitted by fortnite4technics to u/fortnite4technics [link] [comments]

How Does Bitcoin Work? - YouTube What is Bitcoin Mining? - YouTube How Much Can You Make Mining Bitcoin With 6X 1080 Ti ... Data Mining: How You're Revealing More Than You Think ... How Does Bitcoin Mining Work? Here's How You Can Do It ...

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. data.bitcoinity.org – A wealth of information and clean, data-rich charts can be found at data.bitcoinity.org detailing the various bitcoin mining pools and their hashrates. Price info such as ... Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links. We Use Coins - Learn all about crypto-currency. Bitcoin News - Where the Bitcoin community gets news. 3. Bitcoin Mining Hardware CPU mining. When Bitcoin first started out, there weren’t a lot of miners out there. In fact, Satoshi, the inventor of Bitcoin, and his friend Hal Finney were a couple of the only people mining Bitcoin back at the time with their own personal computers.. Using your CPU (central processing unit—your computer’s brain) was enough for mining Bitcoin back in 2009 ... NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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How Does Bitcoin Work? - YouTube

In 2014, before Ethereum and altcoin mania, before ICOs and concerns about Tether and Facebook's Libra, Motherboard gained access to a massive and secretive ... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? T... SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL Nviddia GTX 1080 Ti - https://amzn.to/2Hiw5xp 6X GPU Mining Rig Case - https://bitcoinmerch.com/produc... Bitcoin and cryptocurrency mining explained with the Byzantine Generals Problem. We use it to explain the essence of cryptocurrency mining. https://www.udemy... This video will show you how to start bitcoin mining from home. It's very easy and "free" to do if you have a gaming PC. *****...

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