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What is Mining?

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Aku_K80

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for pemining or bitcoin miners, this activity has produced maximum results compared to cryptocurrency trading
#61 - June 06, 2019, 12:00:23 AM

Billy M

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Quote from: Aku_K80 on June 06, 2019, 12:00:23 AM
for pemining or bitcoin miners, this activity has produced maximum results compared to cryptocurrency trading
The reason why, why do you mention that mining is better than bitcoin trading. after I mine now is not as good as before, even now the cost is more expensive and the price of bitcoin is even cheaper.
#62 - June 06, 2019, 03:55:12 PM

Muta1000

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Quote from: Vi on February 14, 2019, 07:11:25 AM
One analogy commonly used by people is mining Bitcoin like mining gold. Like precious metals, the number of bitcoins is also limited (there are only 21 million bitcoins) and the more bitcoins are mining, the more difficult bitcoin is to be mining and need more sophisticated tools. The important thing to know is that mining does not mean they make bitcoin for their profits. But through fees, a number of BTCs are given to miners as prizes because they have validated a transaction. Then how do they do it?
Mining Bitcoin requires computers and special programs. Miner will use this program and also a lot of computer resources to compete with other miners, in solving complex mathematical problems. Every time about 10 minutes, the server will try to complete the block with the latest transaction data, using the cryptographic hash function.
mining in my opinion is one way to get bitcoin either free or can be paid. the term mining for bitcoin fans is already very popular, even before becoming a way to get bitcoin.
#63 - June 08, 2019, 01:31:03 PM

Tantefx21

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Quote from: Vi on February 14, 2019, 07:11:25 AM
One analogy commonly used by people is mining Bitcoin like mining gold. Like precious metals, the number of bitcoins is also limited (there are only 21 million bitcoins) and the more bitcoins are mining, the more difficult bitcoin is to be mining and need more sophisticated tools. The important thing to know is that mining does not mean they make bitcoin for their profits. But through fees, a number of BTCs are given to miners as prizes because they have validated a transaction. Then how do they do it?
Mining Bitcoin requires computers and special programs. Miner will use this program and also a lot of computer resources to compete with other miners, in solving complex mathematical problems. Every time about 10 minutes, the server will try to complete the block with the latest transaction data, using the cryptographic hash function.
mining in my opinion is how to get bitcoin or other coins by mining. many ways now for mining, can be free or paid.
#64 - June 08, 2019, 03:36:32 PM

GigaFx

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mining is the activity of collecting coins to become whole and valuable coins.
#65 - June 09, 2019, 05:08:04 PM

gavet

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mining is a way to get bitcoin by mining on a computer. however, it is currently being abandoned due to expensive maintenance costs.
#66 - June 23, 2019, 10:26:10 AM

VC

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mining must be patient because the results are in accordance with the capital and capacity possessed.
#67 - June 23, 2019, 07:32:42 PM

ibem

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mining is adding crypto coins by renting mining tools or buying these tools.
#68 - June 24, 2019, 01:41:13 AM

falir

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now it's not so popular mining btc, many have been looking for airdrop or crypto trading.
#69 - June 25, 2019, 02:01:20 AM

Trimo

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mining can be done manually or by automatic cloud mining.
#70 - June 25, 2019, 03:15:17 PM

Farida

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mining is mining the block of a cryptocoin until the whole coin is obtained.
#71 - June 26, 2019, 12:15:53 AM

cagal

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mining is the easiest way to get crypto currencies including bitcoin.
#72 - June 26, 2019, 12:35:59 AM

Izib

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mining is bitcoin mining with antminer devices etc., to get bitcoin for free.
#73 - July 04, 2019, 10:37:41 PM

Oji

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You can also do minning as long as you have the capital and tools for minning.
#74 - July 08, 2019, 03:06:52 AM

Armani

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mining is a mining activity similar to us mining sand, rocks and so on.
#75 - July 08, 2019, 04:36:59 PM
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