Cloud Mining. Bitcoin, Ethereum, Altcoins. IQ Mining

Bitcoin Mining Forums: Turning Computers Into Cash Since 2011

The official bitcoin mining forum / subreddit / chat room / place to be!
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Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Mining Bitcoin

Bitcoin mining is analogous to the mining of gold, but its digital form. The process involves specialized computers solving algorithmic equations or hash functions. These problems help miners to confirm blocks of transactions held within the network. Bitcoin mining provides a reward for miners by paying out in Bitcoin in turn the miners confirm transactions on the blockchain. Miners introduce new Bitcoin into the network and also secure the system with transaction confirmation.
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FAQs for when you get started mining Bitcoin

FAQs for when you get started mining Bitcoin submitted by davidshares to MiningBitcoin [link] [comments]

Elastos (ELA) Breakdown - Merged Mining with Bitcoin and Decentralized Identification (DID) FAQ

Elastos (ELA) Breakdown - Merged Mining with Bitcoin and Decentralized Identification (DID) FAQ submitted by amos1994 to CryptoCurrency [link] [comments]

Crypto FAQ’s: How Long Does It Take to Mine Bitcoin?

submitted by sandrozc to cryptomining [link] [comments]

Sorry if this is a FAQ but I was just wondering something about the two recent more significant bitcoin forks, particularly the total number of coins mined. It's still going to be 21m for BCH and bsv, right?

Bitcoins blockchain starts with the genesis block, and there will be a total of 21 million mined when we are done.
I just wanna be sure I understand. When a hard fork occurs, all previous coins are effectively doubled because there are now two separate chains in the market, right? I remember when the BSV fork happened, what small amount I had in a BCH custodial wallet was suddenly also in a bsv wallet.
So a currency created from a BTC hard fork is still going to yield a total of 21 million coins, right? It's not like somebody could come along after 20m mined coins, create a fork, and there be only 1m total of that particular coin.
I think I have it right, I just need to be sure.
submitted by mayoayox to CryptoCurrency [link] [comments]

Salon mines in readers' browsers — usual false claims in FAQ about "unused computing power". Remember when they wrote in December 2017, "Bitcoin is a malignant development, and it’s getting worse"?

Salon mines in readers' browsers — usual false claims in FAQ about submitted by dgerard to Buttcoin [link] [comments]

Solo Mining Bitcoin and Is it Profitable? #cryptocurrency #eth #ico Cryptocurrency Terms and FAQ… https://t.co/hTb0h0zRyk - Crypto Insider Info - Whales's

Posted at: September 19, 2018 at 07:08AM
By:
Solo Mining Bitcoin and Is it Profitable? #cryptocurrency #eth #ico Cryptocurrency Terms and FAQ… https://t.co/hTb0h0zRyk
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

I got this fancy computer sitting on my desk. How do I go about mining for bitcoins? I didn't see anything about software needed in the Getting Started or FAQ

Just information about WHAT mining is.... but it doesn't say HOW to mine.
submitted by twitchosx to Bitcoin [link] [comments]

Good FAQ & advices about Bitcoin cloud mining for beginners /r/BitcoinBeginners

Good FAQ & advices about Bitcoin cloud mining for beginners /BitcoinBeginners submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin | Price | Mining | Investment | Trading | FAQs

Bitcoin | Price | Mining | Investment | Trading | FAQs submitted by Tech360z to u/Tech360z [link] [comments]

Bitcoin mentioned around Reddit: GTX970 Mining FAQ /r/EtherMining

Bitcoin mentioned around Reddit: GTX970 Mining FAQ /EtherMining submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I got this fancy computer sitting on my desk. How do I go about mining for bitcoins? I didn't see anything about software needed in the Getting Started or FAQ /r/Bitcoin

I got this fancy computer sitting on my desk. How do I go about mining for bitcoins? I didn't see anything about software needed in the Getting Started or FAQ /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Wrote a Comprehensive Noob FAQ Style Guide on Bitcoin Mining. Let me know what you think!

Wrote a Comprehensive Noob FAQ Style Guide on Bitcoin Mining. Let me know what you think! submitted by Jayrobo to Bitcoin [link] [comments]

FAQ: Bitcoin mining & luck

FAQ: Bitcoin mining & luck submitted by oreganoofcorti to Bitcoin [link] [comments]

Alexa now has a Bitcoin category and subcategories (Exchanges; FAQs, Help, and Tutorials; Games; Mining; News and Media; Payment Processors; Services; Wallets)

Alexa now has a Bitcoin category and subcategories (Exchanges; FAQs, Help, and Tutorials; Games; Mining; News and Media; Payment Processors; Services; Wallets) submitted by btc88 to Bitcoin [link] [comments]

Bitcoin Mining in FPGAs - a funny and informative FAQ

submitted by HorribleSecrets to FPGA [link] [comments]

FAQ#1: Can I mine Bitcoins using this old thing I found in my closet?

If you're wondering whether or not it is feasible to mine Bitcoin using your CPU, GPU (video card), cell phone, ps3, xbox, or original 1985 NES.
The true answer to that question if you are being pedantic is: Yes, you can!
The time required to get setup initially and the electrical efficiency of the hardware in question usually deduces the same answer from economically minded people, however. Which is: No!
Bitcoin mining is a highly competitive technological arms race, and you should never bring a knife to a gun fight.
The only two types of Bitcoin miners you want to be looking at right now are:
Feel free to kindly link any newbies asking a similar question to this post and downvote their original one, you can find this post stickied in the sidebar.
submitted by HighBeamHater to BitcoinMining [link] [comments]

Bitcoin e Litecoin FAQ: Cos'e' il mining?

Bitcoin e Litecoin FAQ: Cos'e' il mining? submitted by sberla54 to italy [link] [comments]

05-22 18:52 - 'This is the best tl;dr I could make, [original] reduced by 91%. (I'm a bot) ***** [quote] [quote] [quote] / ***** [**Extended Summary**] | [FAQ] | [Theory] | [Feedback] | *Top* *keywords*: **Bitcoin**^#1 **RSK**^#2 **mine**^#3 *...' by /u/autotldr removed from /r/Bitcoin within 0-8min

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This is the best tl;dr I could make, [original]1 reduced by 91%. (I'm a bot)
Put simply, RSK is a two-way pegged sidechain that grafts smart contract functionality onto the bitcoin network.
RSK does this by pegging, or matching, its smart token to bitcoin, so that the value of an RSK token is exactly that of a bitcoin.
Essentially, a user's bitcoin goes into a type of reserve where it is locked up, and then used to back the RSK token, known as smartBTC. You can think of it as putting your bitcoin into a checking account, and then using the RSK network to spend that money.
[Extended Summary]2 | [FAQ]3 | [Theory]4 | [Feedback]5 | Top keywords: Bitcoin#1 RSK#2 mine#3 company#4 network#5
'''
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Author: autotldr
1: www.co***e*k*com/opening-testn*t-to-p**l**-rsk-*nn**nces-**5m-*u*di*g/ 2: http://np.reddit.com/autotldcomments/6cp649/breaking_rsk_raises_35_million_launches_bitcoin/ 3: http://np.reddit.com/autotldcomments/31b9fm/faq_autotldr_bot/ "Version 1.65, ~127025 tl;drs so far." 4: http://np.reddit.com/autotldcomments/31bfht/theory_autotldr_concept/ 5: http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome."
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

05-22 18:52 - 'This is the best tl;dr I could make, [original] reduced by 91%. (I'm a bot) ***** [quote] [quote] [quote] / ***** [**Extended Summary**] | [FAQ] | [Theory] | [Feedback] | *Top* *keywords*: **Bitcoin**^#1 **RSK**^#2 **mine**^#3 *...' by /u/autotldr removed from /r/Bitcoin within 0-8min

'''
This is the best tl;dr I could make, [original]1 reduced by 91%. (I'm a bot)
Put simply, RSK is a two-way pegged sidechain that grafts smart contract functionality onto the bitcoin network.
RSK does this by pegging, or matching, its smart token to bitcoin, so that the value of an RSK token is exactly that of a bitcoin.
Essentially, a user's bitcoin goes into a type of reserve where it is locked up, and then used to back the RSK token, known as smartBTC. You can think of it as putting your bitcoin into a checking account, and then using the RSK network to spend that money.
[Extended Summary]2 | [FAQ]3 | [Theory]4 | [Feedback]5 | Top keywords: Bitcoin#1 RSK#2 mine#3 company#4 network#5
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: autotldr
1: *ww*coin*esk*c*m/ope*i*g-testnet-to*p*b*i*-r*k-an*oun****3-*m-funding/ 2: http://np.reddit.com/autotldcomments/6cp649/breaking_rsk_raises_35_million_launches_bitcoin/ 3: http://np.reddit.com/autotldcomments/31b9fm/faq_autotldr_bot/ "Version 1.65, ~127025 tl;drs so far." 4: http://np.reddit.com/autotldcomments/31bfht/theory_autotldr_concept/ 5: http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome."
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

They already control the value of bitcoin.

They have control over bitcoin just like gold. The value of gold is worth far more than stocks of gold.
Bitcoin value should be closer to 1,000,000 according to McAfee.
submitted by sachas01 to conspiracy [link] [comments]

Quick question about bitcoin vault

Is miningcity is a legit? On theyre add they saying they using bitcoin vault. My close reliable freind told me to invest there. ( he already did invest there) my question is are they a legit company or they just scamming people? Thanks
submitted by aj22aj22aj to Bitcoin [link] [comments]

Mining City Bitcoin Mining Facility Mining City Crypto (Bitcoin) Debit Card FAQ - YouTube Mining Worldcoin with Multiminer What is Bitcoin and How does it work in Hindi  Mining,Block chain,FAQ on Bitcoins

IQ Mining is a cloud mining service developed for affordable cryptocurrencies mining. Cloud mining of Bitcoins, Ehtereum and Altcoins. Clowerty - Mining is a cloud that is designed for the professional team cryptocurrency production! With Clowerty easily, quickly and efficiently! Now you have the ability to effectively extract the most valuable and promising cryptocurrency such as: Bitcoin, Litecoin, Dogecoin, Bitcoincash, Ethereum. Our offer will be beneficial for all the ... Bitcoin-Mining wurde entworfen, um im Laufe der Zeit mit spezialisierter Hardware den Energiebedarf zu optimieren. Die Betriebskosten für das Mining sollten dabei proportional zu der Nachfrage bleiben. Wenn das Bitcoin-Mining zu konkurrenzorientiert und weniger profitabel wird, werden einige Miner ihre Tätigkeit einstellen. FAQ; Contact; Start Bitcoin Mining Today! BitcoinMining was established in 2020, endeavoring the vast range of possibilities with modern asset management via our mining bitcoin to serve investors for making the best investment holdings and maximize passive income. If you are looking for passive income or want to multiply your bitcoins, don't ... Bitcoin is Secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links. We Use Coins - Learn all about crypto-currency. Bitcoin News - Where the Bitcoin community gets news.

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"Bitcoin Mining in Sweden" - Sam Cole

#miningcity #mining_city #mining_city_registration #mining_citizens #the_zone Click The Link Below, Register and Join Mining City 👇👇👇 👉 https://me.miningcity... Getting ready for warmer weather and pollen. Full tour of small and medium Bitcoin and Altcoin mining facility showing miners, electricity, and natural circulation cooling systems See how to build ... Blagovest Belev explains how the price of bitcoins is determined. Blagovest Belev graduated from the American University in Bulgaria in 2009 and is currently a Managing Partner of Tavex Gold ... #miningcity #mining_city #mining_city_registration #mining_citizens #the_zone Click The Link Below, Register and Join Mining City 👇👇👇 👉 https://me.miningcity... Interview with Sam Cole, the CEO of KnC Miner, who are one of the world's Top 10 Bitcoin Mining companies. Video by Nikolaj Sonne shot at KnC mining centre in Boden, Sweden. THIS IS A COPY OF ...

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