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What is Bitcoin Mining?
What is Proof of Work? Visualize and Download High-Resolution Infographic A proof of work is a piece of data which was difficult...
What is Bitcoin Mining?
How Bitcoin Mining Works Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitco...
What are its characteristics?
Bitcoin has several important features that set it apart from government-backed currencies. 1. It's decentralized The bit...
So you can’t churn out unlimited bitcoins?
Advertise in this spot That’s right. The bitcoin protocol – the rules that make bitcoin work – say that only 21 million bi...
What is Bitcoin?
Advertise in this spot Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoi...
What is bitcoin based on?
Advertise in this spot Conventional currency has been based on gold or silver. Theoretically, you knew that if you handed over ...
What is the Blockchain?
Bitcoin mining is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners rem...
Bitcoin Mining Hardware Comparison
Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are: AntMiner S7 Avalon6 ...
What makes it different from normal currencies?
Advertise in this spot Bitcoin can be used to buy things electronically. In that sense, it’s like conventional dollars, euros...
Who prints it?
Advertise in this spot No one. This currency isn’t physically printed in the shadows by a central bank, unaccountable to...
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