How VBit Mining Works - Vbit Technologies

Bitcoin Mining Forums: Turning Computers Into Cash Since 2011

The official bitcoin mining forum / subreddit / chat room / place to be!
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Bitcoin Technology

/bitcoin is amazing and we love it but sometimes it's nice to have an area dedicated to the technical details and interesting projects of bitcoin so this exists to complement /bitcoin, Feel free to X-Post if you think your article is relevant to both /bitcoin and /bitcointechnology This subreddit is for all proposals, articles, questions and answers on bitcoin related technology DO NOT POST icos, pricing, memes, scams, etc here as they will be removed.
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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin Mining Hardware UPGRADE! Multi-Bitcoin Mining Technology + Bitcoin Mining In March 2019

Bitcoin Mining Hardware UPGRADE! Multi-Bitcoin Mining Technology + Bitcoin Mining In March 2019 submitted by Rufflenator to 3bitcoins [link] [comments]

Bitcoin Mining Hardware UPGRADE! Multi-Bitcoin Mining Technology + Bitcoin Mining In March 2019

Bitcoin Mining Hardware UPGRADE! Multi-Bitcoin Mining Technology + Bitcoin Mining In March 2019 submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Bitcoin Mining Hardware UPGRADE! Multi-Bitcoin Mining Technology + Bitcoin Mining In March 2019

Bitcoin Mining Hardware UPGRADE! Multi-Bitcoin Mining Technology + Bitcoin Mining In March 2019 submitted by ososru to Bitcoin4free [link] [comments]

Intel received a patent for the energy-saving bitcoin mining technology

Intel received a patent for the energy-saving bitcoin mining technology submitted by Zach-Pi to bitcoin_uncensored [link] [comments]

Intel received a patent for the energy-saving bitcoin mining technology

Intel received a patent for the energy-saving bitcoin mining technology submitted by Coinatory to coinatory [link] [comments]

Intel received a patent for the energy-saving bitcoin mining technology

Intel received a patent for the energy-saving bitcoin mining technology submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Intel received a patent for the energy-saving bitcoin mining technology

Intel received a patent for the energy-saving bitcoin mining technology submitted by cryptoallbot to cryptoall [link] [comments]

Referral Links • Advanced Bitcoin Mining Technology Center Llc - Advancedbit.net

submitted by btcforumbot to BtcForum [link] [comments]

Bitcoin mining technology

Bitcoin mining technology submitted by btcethltc to u/btcethltc [link] [comments]

Does monero have any strict disadvantages versus bitcoin like transaction speeds/fees, mining centralization etc that are inherent to the technology?

Obviously it currently has higher transaction speeds due to a lower number of users, but as I understand it monero is bitcoin + a few anonimity modifications to the protocol. Do these modifications increase the computational power required for mining given the same transaction volume compared to bitcoin? In other words, how much are you paying for anonymity?
submitted by stupidQuestionsAlt2 to Monero [link] [comments]

A staggering 74% of bitcoin mining depends on renewable energy. The main source of energy fueling this mining is hydroelectric power, but wind technology also plays a vital role.

A staggering 74% of bitcoin mining depends on renewable energy. The main source of energy fueling this mining is hydroelectric power, but wind technology also plays a vital role. submitted by Alanonzales to CryptoCurrency [link] [comments]

A staggering 74% of bitcoin mining depends on renewable energy. The main source of energy fueling this mining is hydroelectric power, but wind technology also plays a vital role.

A staggering 74% of bitcoin mining depends on renewable energy. The main source of energy fueling this mining is hydroelectric power, but wind technology also plays a vital role. submitted by Alanonzales to btc [link] [comments]

What if Bitcoin never goes up in price again, because the cost to mine it always out paces its value... would people still care about the technology without them sweet gains?

Is it possible that the price of Bitcoin never goes up again? Every time it halves, the cost to get it goes up dramatically, and sadly the price of it doesn't supersede the cost to mine it.
Plus, since no more is ever made after 21 million, eventually 99% of them will be lost forever with people dying, scams, and mistakes like throwing your hard drive out are all on the table.
To me, it just seems silly at this point, and I'm having a really hard time justifying its value... along with 99% of all the other cryptocurrencies out there... your thoughts?
submitted by Megalorye to CryptoCurrency [link] [comments]

United States Mining Firm Layer 1 Technologies Aims to Ensure the Decentralization of Bitcoin by Repatriating 30% of the Global Hash Rate

United States Mining Firm Layer 1 Technologies Aims to Ensure the Decentralization of Bitcoin by Repatriating 30% of the Global Hash Rate submitted by turtlecane to CryptoCurrency [link] [comments]

Bitcoin mining pushing technology to physical limits

Bitcoin mining pushing technology to physical limits submitted by hashpowah to Bitcoin [link] [comments]

A staggering 74% of bitcoin mining depends on renewable energy. The main source of energy fueling this mining is hydroelectric power, but wind technology also plays a vital role.

A staggering 74% of bitcoin mining depends on renewable energy. The main source of energy fueling this mining is hydroelectric power, but wind technology also plays a vital role. submitted by Alanonzales to CryptoCurrencies [link] [comments]

The cutting edge? We can't go back in time to start mining Bitcoin in 2010 so where do we find out about the next big thing? Not necessarily technology related, but what online resources/sites are out there to learn about the cutting edge?

submitted by urlradar3 to technologyvideo [link] [comments]

The cutting edge? We can't go back in time to start mining Bitcoin in 2010 so where do we find out about the next big thing? Not necessarily technology related, but what online resources/sites are out there to learn about the cutting edge?

submitted by Viewsofthelake to AskReddit [link] [comments]

The cutting edge? We can't go back in time to start mining Bitcoin in 2010 so where do we find out about the next big thing? Not necessarily technology related, but what online resources/sites are out there to learn about the cutting edge?

submitted by urlradar3 to heryerdeonline [link] [comments]

06-24 21:44 - 'No losses with our newly installed mining technology' by /u/g_otto20 removed from /r/Bitcoin within 134-144min

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No losses with our newly installed mining technology
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Author: g_otto20
submitted by removalbot to removalbot [link] [comments]

The POW mechanism consumes a lot of energy, and how does ECOL save energy?

Since the advent of Bitcoin, the high energy consumption caused by its POW mechanism has been controversial. At present, Bitcoin mining requires 5000MW of electricity, which is close to nearly 1% of global power generation. The public believes that the “mining” activities related to POW rarely serve the real economy, but may interfere with the normal operation of the macro economy because of high energy consumption.
In fact, the controversy caused by POW “mining” is not limited to high energy consumption. The miners' pursuit of low-energy cost and power resources has made the mining industry continue to concentrate on the head, and the POW mechanism will inevitably appear to concentrate on computing power, which has become the worry of some Bitcoin believers.
Focusing on the energy consumption of Bitcoin, there is no doubt that bitcoin mining is a high-energy field. Whether it is Bitcoin mining itself or mining chip manufacturing, it requires a lot of power resources. Although some people think that the cost of bitcoin mining is insignificant compared to the benefits generated by Bitcoin in the circulation process, and the power consumption has laid the foundation for the stable operation of Bitcoin's network. However, the problem of bitcoin mining energy consumption is still a controversial issue. This is not only due to high energy consumption, but also to the normal operation of the macro economy. It may even cause technical loopholes due to high energy consumption and affect the future status of Bitcoin.
At present, for the defects of blockchain and bitcoin technology, another technology to make up, high energy consumption is no exception. In order to better meet the blockchain 3.0 era, ECOL is committed to solving the mining energy consumption of the POW mechanism and creating a more efficient and valuable consensus operation mechanism.
ECOL introduces BLOCKLESS technology to bring together each block and transaction. Let each transaction participate in maintaining the transaction sequence of the whole network. The initiated transaction will directly jump over the stage of packing the block and directly integrate into the whole network, which not only saves time, but also improves the operation efficiency of bitcoin mining technology, and saves the operation. Mining costs, which will ease the problem of high energy consumption.
In addition, ECOL's DAG has abandoned the block concept, so the transaction speed is expected to be significantly higher than the blockchain efficiency based on POW and POS. Because the traditional block + chain structure requires the biller to package the transaction into the block, this centralized operation mechanism will always fall into the bottleneck of low processing power no matter how optimized. The unit + DAG structure adopted by the eco-order does not require the biller to pack the block, nor does it have the concept of a block. Each unit is created by the user and confirmed by the verification of other units, so there is no throughput. bottleneck. This is an efficient technology that is extremely energy efficient and power efficient for the entire network.
From the endorsement of the center, waste of resources, to castles in the air, landing problems, blockchain technology has been controversial. Even if the doubts continue to arise, there are still technologies and teams that trust the blockchain to slowly make up for all the problems, so that the blockchain technology will be precipitated under continuous improvement. This is also the way every new thing must go.
submitted by ECOL123 to u/ECOL123 [link] [comments]

Bitcoin mining pushing technology to physical limits

Bitcoin mining pushing technology to physical limits submitted by hashpowah to BitcoinMining [link] [comments]

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Bitcoin-Mine: Hier werden Millionen verdient Galileo ...

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