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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 any central authority whatsoever: there is no one in charge of bitcoin and it is made up of willing participants. Bitcoin gives you the option to be your own bank.
@aantonop in Summer 2015(15 minutes in) “Centralistaion in ASICs is not a problem because [they] make too much money or because we want to change who controls the network. It’s a problem because […] the mining can be shifted to an organisation that doesn’t have bitcoin’s best interest in mind.”
 If you had free Electricity, what miner would you buy for mining bitcoin?
What is the most cost effective set-up where energy is free? There is a trade off between getting a high-hash-rate miner (that's also $$) and getting a low-hash-rate miner (that's less $$ but you would have to buy more power supplies)? Links would be helpful!
##Miners. If you pool mine, please switch to a pool that properly validates blocks. The Wiki Mining Pool Comparison page currently contains a list of known (or suspected) good and bad pools.. If you solo mine, please switch to Bitcoin Core 0.10.2. Dec 3, 2015 . SEC Officially Indicts GAW Miners CEO for 'Hashlet' Ponzi Scheme ... Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National ... Bitcoin had a pretty fun run this past 2015, and there have been many positive news reports and predictions as we wrap up the year. ... Mining Hardware. Bitcoin miners secure the network and the ... 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 ... 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 ...
Published on Oct 10, 2015. BitClub Network is the world's largest crowd funded mining pool for the people! It can be verified on Blockchain. ... DIY Bitcoin Mining: Hardware (part1) - Duration: 7:45. Earn and use Bitcoins in India and other countries Bitcoin Mining 2015 with Nvidia GTX 970 - Duration: 22:17. Tech Virus 39,519 views. 22:17. Earn and use Bitcoins in India and other countries Bitcoin Mining 2015 with Nvidia GTX 970 - Duration: 22:17. Tech Virus 39,511 views This video goes over my 7 day 1 week Bitcoin Mining experiment. I let my computer Mine for Bitcoin for a week straight, to see how much money I could generat... Source: git repository / github.com GIT visualization done with http://gource.io Copyright: Bitcoin Core Developers