get to know the bitcoin miner

in #esteem8 years ago

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Complete Explanation Mining Bitcoin "Bitcoin Mining" - Miner Role And Function - Hardware - Energy Consumption - Pool Mining Complete Explanation of Bitcoin Mining. Bitcoin is heavily dependent on this mining process. Because with mining done by miners Bitcoin (miner) will validate every transaction, build and store the new block into blockchain. To store new blocks into the Blockchain, miners must reach consensus in mining.
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Actually EB has covered most of this Bitcoin mining topic. But then it becomes even more intriguing to repeat this discussion, because many misconceptions about Bitcoin mining. Many people assume that all Bitcoin-seeking activities are mining Bitcoin. Like looking for Free Bitcoin via faucet, giveaway, play game gets free Bitcoin, post can bitcoin, considered mine. Hopefully with this explanation can give meaning "mining Bitcoin" real and actual In the discussion "Bitcoin Mining Complete Explanation" will be discussed in full, and in detail and divided into 5 parts: 1. Role and Function of bitcoin miner 2. Hardware Mining Bitcoin 3. Energy Consumption and Mining Ecology Bitcoin 4.

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Understanding Mining Pool 1. Role and Function of Miner (Miner) Actual Bitcoin mining, is a mine activity using a specific device to mine its process through solving a series of mathematical problems (puzzles) based on certain difficulty levels. Well this activity is called "Mining" or the term is a cool language is "Bitcoin Mining". Mining actors, referred to as "miners", or the cool language is "Miner". Well, sometimes, we also still leave the question, what the hell is actually done by this miner Bitcoin? and how the hell ..? Let's discuss it. Bitcoin mining process is similar to mining of precious metals such as gold. It's just the difference, if Bitcoin mining is done digitally to solve the puzzle, and gold mining through the process of gold mining. Being similar, because sometimes there are miners who feel loss, sometimes there are also suddenly rich. because it can not and it is difficult to find gold, and some are successful. However, the real picture is, there will be many difficulties when doing the mining process.
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https://whathatis.wordpress.com/2017/10/22/what-that-is-mining/