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What is needed to mine bitcoin?

Asked by: Kimaya Padmanabhan
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Available Answers: 5

Shrishti Maharaj (Import Export Business Policies Physics Cross-Functional Team) From: Denver/United States

What Do I Need To Mine Bitcoins? — In order to solve a problem first, miners need a lot of computing power. To mine successfully, you need to have a high "hash rate," which is measured in terms of megahashes per second (MH/s), gigahashes per second (GH/s), and terahashes per second (TH/s). That is a great many hashes."Is Bitcoin Mining Still Profitable? · What Happens to Bitcoin After... · Proof of Work

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Adah Hora (Television Production Assistant Partnership Spelling) From: Allahabad/India

You need to take responsibility for the security of your bitcoins, meet higher minimum system requirements, and beware of some possible problems. No matter

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Bhuv Mallick (Worked at Tata Steel Instrumentation) From: Long Beach/United States

Mining is the process of creating valid blocks that add transaction records to Bitcoin's (BTC) public ledger, called a blockchain. It is a crucial component of the

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Shanaya Sawhney (Teachers Aide Editorial Relationship Building) From: Arlington/United States

Now that over 18.5m bitcoin have been mined, the average computer can no longer mine bitcoins. Instead, mining now requires special computer

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Neysa Buch (Student at Kendriya Vidyalaya Outreach Marketing) From: El Paso/United States

In this article we help you to choose a mining rig, a software and a Bitcoin wallet. U need to use a referral code to get the 200 bonus so use my code and begin

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