Tag: whether Bitcoin mining profitable

What Computer Do You Need To Mine Bitcoin

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions 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 them: 21 million. Bitcoins are created as a reward for a process known […]

How To Mine Bitcoin Private

Bitcoin Private is a fork of Zclassic which in turn is a fork of Bitcoin. The main difference between Bitcoin Private and Bitcoin is that Bitcoin Private uses the Equihash mining algorithm whereas Bitcoin uses the SHA256 mining algorithm. Equihash is a memory-hard algorithm that requires a lot of RAM. This makes it difficult to […]