When a Bitcoin Miner Mines, what is happening? Dr Mike Pound exposes the process.. note: at 3:39 Mike mentions a Bitcoin is …
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When a Bitcoin Miner Mines, what is happening? Dr Mike Pound exposes the process.. note: at 3:39 Mike mentions a Bitcoin is …
Comments are closed.
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I want to start mining bitcoin now, please I need advice. What should I need as a beginner
Thanks
Wtf isthe meaning of this
The genious of BTC amazes me everyday
Thanks so much, this was the best explanation on this topic I've seen so far.
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OK who is in control of the difficulty? Who decides to make it easier or harder?
Finally someone who can explain this correctly, thanks a lot
Wasting this much electricity so that a few crypto bros can hope to become rich without doing anything. Mankind in a nutshell.
in the example he gives, whiy is is important to have a large number of leading zeros? whats wrong with just accepting the VERY FIRST GENERATED HASH? please educate me. as it seems like a very inefficient idea to base this on. obviously, im a novice.
How many consecutive 0s does bitcoin need?
Novice here. I'm still struggling to grok this. Where would you get the previous block hash and transactions from to attempt to create the new block?
I’m so glad that this worked Maskoffweb added $10,000 to my PayPal account successfully
I’m so glad that this worked Maskoffweb added $10,000 to my PayPal account successfully
0:24
Blocks
1:04
0s and 1s
2:04
Hashes
2:34
Mining difficulty
3:25
Special equipment
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When you say the network can reduce or increase the difficulty to hash, who exactly is in charge of that ?
But it still means the people with the fastest processors mine most of the bitcoin.
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⚕️I invest a little amount and it generates 50000 USD from is mining⌨️
What are some typical hash functions?
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