What is Bitcoin Mining? How Does it Actually Work? (2020 ...

Bitcoin Mining Pools

Links and reviews to Bitcoin Mining Pools
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bitcoin in Aotearoa

A sub to chat all things bitcoin in New Zealand.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Mine Bitcoin From Home Bitcoin Mining Rig Bitmain Antminer S9 Bitcoin Miner Bitcoin Mining Hardware

Mine Bitcoin From Home Bitcoin Mining Rig Bitmain Antminer S9 Bitcoin Miner Bitcoin Mining Hardware submitted by ososru to Bitcoin4free [link] [comments]

Mine Bitcoin From Home Bitcoin Mining Rig Bitmain Antminer S9 Bitcoin Miner Bitcoin Mining Hardware

Mine Bitcoin From Home Bitcoin Mining Rig Bitmain Antminer S9 Bitcoin Miner Bitcoin Mining Hardware submitted by Rufflenator to 3bitcoins [link] [comments]

Bitmain Hints At Antminer R4 For At-home Bitcoin Mining

Bitmain Hints At Antminer R4 For At-home Bitcoin Mining submitted by fearofhellz to btc [link] [comments]

[World] - Chinese household caught stealing electricity to power its home bitcoin mining operation

[World] - Chinese household caught stealing electricity to power its home bitcoin mining operation submitted by AutoNewsAdmin to SCMPauto [link] [comments]

[World] - Chinese household caught stealing electricity to power its home bitcoin mining operation | South China Morning Post

[World] - Chinese household caught stealing electricity to power its home bitcoin mining operation | South China Morning Post submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

(SCMP) Chinese household caught stealing electricity to power its home bitcoin mining operation

submitted by Mukhasim to UMukhasimAutoNews [link] [comments]

Home Bitcoin mining now very similar to Flight of the Conchords 'Super Straws' business model?

(a SuperStraw is made by connecting 5 normal straws together to make a super long one)
Germain: Bret, how much are you selling those SuperStraws for?
Bret: One dollar.
Germain: How many straws does it take you to make a SuperStraw?
Bret: Five.
Germain: What's the total cost of those five straws?
Bret: Two-fifty... oh.... {pauses to think}... I've sold quite a few of them though.
You can swap out straws with USB ASIC miners and electricity costs quite easily. The final line being along the lines of - "Oh... I've got a lot of USB ASIC miners running though."
submitted by wintercooled to Bitcoin [link] [comments]

Bitmain Hints At Antminer R4 For At-home Bitcoin Mining

Bitmain Hints At Antminer R4 For At-home Bitcoin Mining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Home Bitcoin mining now very similar to Flight of the Conchords 'Super Straws' business model? /r/Bitcoin

Home Bitcoin mining now very similar to Flight of the Conchords 'Super Straws' business model? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitmain announces the start of sales for the Antminer R4 bringing back home bitcoin mining for the average consumer

Bitmain announces the start of sales for the Antminer R4 bringing back home bitcoin mining for the average consumer submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Picture Competition. Bitcoin Mining at Home.

Post your best picture of a HOME Bitcoin Mining Rig. Does not have to be recent, you can go back many years but must be a domestic set up, not a factory or industrial unit.
Extra kudos for burnt out rigs, flames, smoke, etc and double kudos for clear safety hazards e.g. bare mains conductors, cat sitting by fan, etc. What can you show us?
Here's a pretty plain one to get you started.
submitted by sietemeles to Buttcoin [link] [comments]

Stack You Bitcoin now

Stack You Bitcoin now
https://preview.redd.it/fo3u09cdz7241.jpg?width=1279&format=pjpg&auto=webp&s=034058bf700174e1032bd984e1243020f4dba60a
Dollar-cost averaging bitcoin - even with small amounts - could turn out to be a lucrative investment approach for long-term HODLers. And while some researchers claim that a lump sum investment in BTC beats dollar cost averaging in most cases, it’s still might not work for everyone. Therefore, if historic bitcoin returns are anything to go, “stacking sats” may not be such a bad idea.
In this article, you will discover five ways to stack sats in 2019.

Automated bitcoin investing

Arguably one - if not the - best way to “stack sats” is to make use of automated bitcoin investment platforms that enable you to dollar-cost average bitcoin in a fully automated manner. It allows to invest a fixed amount into bitcoin on a regular basis, regardless of the price action, which helps partially neutralize short-term volatility. There are a number of platforms that offer this service, with Coinbase being among the most well-known.
https://preview.redd.it/a1ovo9dfz7241.jpg?width=590&format=pjpg&auto=webp&s=bf6bd7978684a611a3045dfcd1d23597e5ea6efc
To automate regular bitcoin purchases, you link your bank account to your bitcoin investment app. Then, the platform will purchase your specified amount of bitcoin using funds from your bank account at regular predetermined intervals.
For example, you could choose to invest USD 250 in bitcoin once a month on the day you receive your salary payment. This would enable you to build your bitcoin portfolio over time on autopilot without having to worry too much about volatility as you would be buying during the ups and downs. That means you would end up with an average entry price for your bitcoin trades. Hence, the name dollar-cost averaging.

Bitcoin cashback reward apps

Perhaps a more fun but still equally impactful way to “stack sats” would be to make use of so-called bitcoin cashback apps.
https://preview.redd.it/9eq16h3kz7241.jpg?width=897&format=pjpg&auto=webp&s=0b2ad70c7a17ba60a71c62b7aeb1fcae111345bb
As Cryptonews.com reported in July, there is a growing market for cashback rewards platform that pay users in bitcoin instead of fiat currency. The likes of Fold, Pei, and SatsApp enable users to receive a handful of satoshis every time they make a purchase at a registered merchant.
The arguable leader in this market, however, is Lolli, which has just been named one of CNBC’s Top 100 Upstarts. Lolli provides a browser extension that informs users every time they access a partner e-commerce platform that they can receive cashback in the form of bitcoin. Moreover, it processes the transaction and sends you the BTC after you have made a purchase on one of these platforms.
Lolli and co. have received a lot of positive attention on social media, which has made bitcoin cashback apps one of the most popular ways to stack sats this year.

Coinmine

The recently launched user-friendly, at-home bitcoin mining machine Coinmine has recently announced that it will pay users interest who mine using their machine and leaves their crypto in their designated Coinmine wallets.
https://preview.redd.it/6jc5xwi008241.jpg?width=1000&format=pjpg&auto=webp&s=398230428a0761048d8cdc012586bf0d759f93d6
The California-based bitcoin startup announced on Twitter that the interest rates it will pay will start at 6.5%, with payouts being made on a monthly basis. This new method of stacking sats enables users to benefit from the power of compound interest, should they decide to leave their mined cryptocurrency in their Coinmine wallets. However, at this stage you might need to spend lots of sats before starting stacking them with Coinmine, which retails for USD 699, and you might need many years before this investment pays back.

Mining Bitcoin using Honeyminer

If mining is something you are interested in, another easy-to-use, plug-and-play way to stack sats is to use the beginner-friendly mining software Honeyminer. Honeyminer enables anyone with a computer to mine bitcoin with the click of a button.
https://preview.redd.it/tzwkhmuxz7241.png?width=703&format=png&auto=webp&s=13ea014640f0586d0b2c070bb470c2f1c6be4b90
Obviously, if you do not have strong graphic cards or other mining hardware attached to your machine, you will only make a few satoshis. In the spirit of stacking sats, however, Honeyminer has made our list.

Running a Lightning node

Last but not least, you could stack sats by running a Lightning node to supporting the growing Bitcoin Lightning Network.
https://preview.redd.it/3xsgmby108241.jpg?width=860&format=pjpg&auto=webp&s=753d23f01221d2f38927d809c3794a5cd923a204
By providing payment channels to LN users, you can earn satoshis by charging users transaction fees to use your channels. The amount you will earn for running a Lightning node is negligible compared to using cashback apps, for example. But not only would you be earning a few sats to add to your stack, you would also be supporting one of Bitcoin’s most promising scaling solutions.

Start stacking sats

If you believe that bitcoin will continue to increase in value over time, there are a number of ways you can start stacking sats that do not involve accessing an exchange and clicking the buy button as our list shows. Moreover, should bitcoin really “moon,” even a few satoshis could be worth a lot. One satoshi, which represents roughly 0.00000001 BTC, is already worth more than a number of national currencies and if things continue the way they have gone, a satoshi may one day be worth more than a dollar (if dollar still exists by then).
submitted by dwoinik to u/dwoinik [link] [comments]

A Ukrainian company Hotmine has created an electric heater that mining bitcoin and heats your home.

A Ukrainian company Hotmine has created an electric heater that mining bitcoin and heats your home. submitted by Apollinary to Bitcoin [link] [comments]

Bitcoin mining investment is the quickest and secure way of making money while you are at home... Dm for financial freedom.!

Bitcoin mining investment is the quickest and secure way of making money while you are at home... Dm for financial freedom.! submitted by Miner_Baker to u/Miner_Baker [link] [comments]

My city has banned bitcoin and cryptocurrency (gpu) mining.

I posted earlier about how the local pud is cracking down on cryptocurrency mining, and a few jerks said I was lying and that it "never happened". Well, not the PUD has convinced the largest city it operates in to ban mining so they don't have to deal with it at all.
Wenatchee: https://www.wenatcheeworld.com/news/2018/feb/23/wenatchee-bans-at-home-bitcoin-mining-for-one-yea
And the next largest city in Chelan County is the city of Chelan, and the pud convinced them to issue a moratorium on bitcoin mining.
http://www.ncwlife.com/chelan-places-moratorium-bitcoin-mining-within-city-limits/
I can't believe this crap.
submitted by John-Prime to gpumining [link] [comments]

How Long And How Much It Costs To Mine One Bitcoin At Home?

How Long And How Much It Costs To Mine One Bitcoin At Home? submitted by e_crypto_news to u/e_crypto_news [link] [comments]

Free Bitcoin Mining - Ways to Make Money From Home Online Tutorial 2020

Free Bitcoin Mining - Ways to Make Money From Home Online Tutorial 2020 submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Stuck and bored at home? An online, virtual bitcoin mining game where you compete against your friends to earn real bitcoins.

Greetings! Since i like gaming and crypto AND i have to stay at home, i started to play RC game. It's like management game, you create your characteavatar, build up your room with racks, PC, tv, couch etc. buy miners and play minigames to gain mining power. You can mine BTC, ETH, DOGE and you can withdraw your mined btc to your own wallet. It's a great way to deal with a boredom and earn some crypto at the same time. Minigames are easy enought to be enjoyable.
It's a virtual bitcoin mining game where you compete against your friends to earn real bitcoins. It takes the concept of bitcoin mining, but instead of the sophisticated Blockchain and processing algorithms, RollerCoin lets you test your skills, complete missions, undertake tasks, and play games to earn real bitcoins.
If you are interested, please use my link, you get starting bonus (i suggsest you to buy your first miner rack)
Basically, we have cut out the hard stuff and kept the amusement. Build and develop your own mining data center, make upgrades and tweaks to boost your mining power and compete with friends. No real-world set-up, no hassle - just sign up, log in, customize your character, and you’re ready to go.
submitted by novemb10 to beermoneyglobal [link] [comments]

Want to make money from home with cryptocurrency? Start mining just using a browser! Install CryptoTab and mine Bitcoin!

Want to make money from home with cryptocurrency? Start mining just using a browser! Install CryptoTab and mine Bitcoin! submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Ways to Make Money From Home Online - Android With built in Bitcoin Mining Tutorial 2020

Ways to Make Money From Home Online - Android With built in Bitcoin Mining Tutorial 2020 submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Chrome With built in Bitcoin MiningWays to Make Money From Home Online - Android With built in Bitcoin Mining Tutorial 2020

Chrome With built in Bitcoin MiningWays to Make Money From Home Online - Android With built in Bitcoin Mining Tutorial 2020 submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Easy way for Bitcoin Mining: Create your home business for free

Easy way for Bitcoin Mining: Create your home business for free submitted by fortnite4technics to u/fortnite4technics [link] [comments]

Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube How to start Bitcoin mining for beginners (SUPER EASY ... How bitcoin mining is heating a home for free Noob's Guide To Bitcoin Mining - Super Easy & Simple Red Panda Mining - YouTube

Step 1 - Get The Best Bitcoin Mining Hardware. Purchasing Bitcoins - In some cases, you may need to purchase mining hardware with bitcoins. Today, you can purchase most hardware on Amazon.You also may want to check the bitcoin charts. How To Start Bitcoin Mining. To begin mining bitcoins, you'll need to acquire bitcoin mining hardware.In the early days of bitcoin, it was possible to mine with ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. 3. Bitcoin Mining Hardware CPU mining. When Bitcoin first started out, there weren’t a lot of miners out there. In fact, Satoshi, the inventor of Bitcoin, and his friend Hal Finney were a couple of the only people mining Bitcoin back at the time with their own personal computers.. Using your CPU (central processing unit—your computer’s brain) was enough for mining Bitcoin back in 2009 ... Bitcoin is the currency of the future & House Mining is one of the largest cloud mining company on the market. Mine bitcoin through the cloud, get started today!

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Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube

Get an additional $10 in Bitcoins from Coinbase when purchasing through my referral link http://fredyen.com/get/Bitcoins Raspberry Pi: http://amzn.to/2l6yrW7... This video will show you how to start bitcoin mining from home. It's very easy and "free" to do if you have a gaming PC. *****... SUBSCRIBE FOR MORE HOW MUCH - http://shorturl.at/arBHL Nviddia GTX 1080 Ti - https://amzn.to/2Hiw5xp 6X GPU Mining Rig Case - https://bitcoinmerch.com/produc... What do you need to mine one Bitcoin BTC coin in 2020? Let's review Bitcoin mining profitability and what BTC mining rigs you would need to mine an entire co... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X IMPORTANT!! This method only illustrates how mining works. You will not make any money f...

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