The Bitcoin algorithm was designed to make that mining process increasing more difficult as more blocks are added to the blockchain.
As most people do not own equipment capable of reaching such lofty goals another option would be to join a mining pool. Groups of miners work together to find the solution that reaches the reward; which is then split between the participants.
So, the difficulty in mining is one that comes from tracking each Bitcoin transfer, with every transfer in every block before it, since the history of the coin.
ZeroState ICO (ZSC)
Posted in Live ICO on Apr 16, 2018ZeroState is the world’s first emotional intelligence platform. It helps advertisers around the world increase the loyalty of their customers by analyzing their emotional involvement. Till 31 August 2018
Marginless ICO (MRS)
Posted in Live ICO on Apr 16, 2018Marginless is a betting exchange and a social betting network, where all users can share their betting insights, create their own markets, place bets against their friends or oppositors without being overcharged or simply tricked. Till 31 May 2018
NuVoo Cloud Mining Review
Posted in Reviews on Apr 15, 2018My regular readers and social media followers are aware of my general skepticism concerning cloud mining. There are simple too many opportunities for a scam. Hence, my own propensity for small scale software pool mining.
Hashflare Cloud Mining review
Posted in Reviews on Apr 15, 2018In the crypto sphere there are no "mints" printing our money. To create cryptos we must "mine".
What is Cryptocurrency Trading & How to Trade Cryptocurrencies?
Posted in Crypto Trading on Apr 15, 2018Before we discuss trading, let's clarify the true nature of exactly what a crypto really is.