Tag: Bitcoin mining pools

What Is Bitcoin Mining Mean For Dummies

Bitcoin mining is the process by which new Bitcoin is created. Miners are rewarded with Bitcoin for verifying and committing transactions to the blockchain. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. To mine Bitcoin, you need to purchase mining hardware, such […]

How To Join Ethereum Mining Pool

When it comes to cryptocurrency mining, Ethereum is one of the most popular options. However, solo mining can be quite challenging, especially if you’re new to the scene. This is where Ethereum mining pools come in. What is a mining pool? A mining pool is a collection of miners who work together to find blocks. […]

How Long To Mine A Bitcoin 2017

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin payments are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of […]