Can bitcoin survive without mining?
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Answer:
Bitcoin mining typically uses powerful, single-purpose computers that can cost hundreds or thousands dollars. But Bitcoin as we know it could not exist without mining. Bitcoin mining is the key component of Bitcoin's “proof-of-work” protocol.
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How much bitcoin could i mine?
Answer: How many Bitcoin can you mine a day? Based the mining hardware inputs provided, 0.00036757 Bitcoin can be mined per day with a Bitcoin mining hashrate of 140.00 TH/s, a block reward of 6.25 BTC, and a Bitcoin difficulty of 47,887,764,338,536.00.
2024-01-03 17:48:33
Can i mine bitcoin forever?
Answer: Will Bitcoin function like pocket change or bars of gold in the year 2140? The Bitcoin ecosystem is still developing, making it possible that Bitcoin itself will continue to evolve over the coming decades. But however Bitcoin evolves, no new bitcoins will be released after the 21-million coin limit is reached.
2023-10-19 06:12:53
How do you tell if your pc is being used to mine bitcoin?
Answer: The only signs they might notice is slower performance, lags in execution, overheating, excessive power consumption, or abnormally high cloud computing bills.
2023-09-19 02:29:15
Is bitcoin mining real?
Answer: Bitcoin mining is the process of creating new bitcoins by solving extremely complicated math problems that verify transactions in the currency. When a bitcoin is successfully mined, the miner receives a predetermined amount of bitcoin.
2023-08-24 18:14:35
Can i mine bitcoin on my gaming pc?
Answer: There is only one essential requirement: a good graphics card with at least 6GB of RAM. The most affordable graphics cards that meet mining requirements are Nvidia 1060 6GB and AMD RX 480 8GB.
2023-06-19 22:03:52