Bitcoin Mining Explained
Posted in Crypto Mining on Apr 04, 2018Mining crypto coins is an arms race of sorts. This race has only one prize; the block. Whoever has the computer that solves the algorithm first, gets the block of coins.
Cryptocurrency Mining Difficulty?
Posted in Crypto Mining on Apr 04, 2018Bitcoin, at its core is a number, albeit a long, complex number. In order to obtain that number you must work an equally complex mathematical equation, which is called mining.
Proof of Work (POW) in Crypto Mining
Posted in Crypto Mining on Apr 04, 2018Proof of Work (PoW) as the name states is the approval of the work that happened and demonstrating it is right.
Hardware Mining vs Pool Mining
Posted in Crypto Mining on Apr 01, 2018The beginning of Cryptocurrency mining is frequently portrayed as a dash for unheard of wealth. Satoshi Nakamoto's development of Bitcoin, "a shared electronic money framework," opened up an altogether new wilderness of opportunity for profit.