Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: emma.lee1890 on June 25, 2018, 08:00:28 PM
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Before you start mining Bitcoin, it's useful to understand what Bitcoin mining really means. Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. The speed at which you mine Bitcoins is measured in hashes per second.
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This information was so useful! as it made me research a lot about it just because I didn't came across such post earlier. hehehe.
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For Im not in favor in mining because its very costly and can't sure if the crypto we mined is expensive.
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I think sechas mine is not as profitable as before. the equipment is expensive, requires care. the market is in correction . easier to trade in the market
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Before you start mining Bitcoin, it's useful to understand what Bitcoin mining really means. Bitcoin mining is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. The speed at which you mine Bitcoins is measured in hashes per second.
I thought bitcoin mining is dead already (too expensive). Depends on the pricing you should be changing your mining algorithms weekly / monthly.
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It is expensive but it still is profitable for future. and many are still into it.
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Even it is expensive still try and try until you succeed is not a dream but reality. Trying until one day hit the goal is very meaningful.
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try and if you fall, get up again, dust yourself up, and try again. even if it takes you 100 tries to reach your goal.
Somebody said this to me once..