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BitcoinZ: A community gift to the world.

BitcoinZ, a cryptocurrency based on bitcoin + zkSNARKs
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Win the big prize!

JackpotCoin is a new cryptocurrency with a fun incentive to mine.
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Myriad - A coin for everyone.

Myriad (XMY) is a Multi-PoW consensus protocol secured by 5 mining algorithms. Each one suits different hardware.
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Anyone interested in a Bitcoin miner group buy?

I know this might not be the best place for this, but I understand that there are a lot of people in Vancouver who are interested in Bitcoin. For those that are interested there is a new ASIC coming out from Innosilicon. They cost $1600 USD and the minimum order is 100. Are there 100 people interested in 1 each? Or maybe 10 people wanting 10 each? I'm looking in Vancouver because that way I could have it shipped here and then we could meet up to deliver them or something. Please respond or PM if interested.
submitted by Canwerevolt to vancouver [link] [comments]

Hi Guys, just a reminder that once the halvening is happening a lot of bitcoin miners groups and maximalists will change to ethereum blockchain.

The halvening is within three weeks so stay cool! Ethereum to the mooooooon!
submitted by adensound to ethereum [link] [comments]

The mainstream underestimates the determination of those who truly understand and believe in Bitcoin such as HODLERs, Sat-stackers, developers, and miners. Bitcoin's life force is fueled by the daily inputs provided by these groups to the ecosystem.

submitted by the420chronicler to Bitcoin [link] [comments]

The mainstream underestimates the determination of those who truly understand and believe in Bitcoin such as HODLERs, Sat-stackers, developers, and miners. Bitcoin's life force is fueled by the daily inputs provided by these groups to the ecosystem. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

North American, European Bitcoin Cash Miner Group Forms to Oppose 12.5% Dev Funding Plan

North American, European Bitcoin Cash Miner Group Forms to Oppose 12.5% Dev Funding Plan submitted by afriendofsatoshi to btc [link] [comments]

Group of miners comes out against BCH's dev tax proposal. Beware, it looks like a chain-split is ahead for Shitlord Cash AKA Bitcoin Tax.

submitted by cryptorebel to bitcoincashSV [link] [comments]

Mining Bitcoin with pencil and paper: 0.67 hashes per day

This is the best tl;dr I could make, original reduced by 91%. (I'm a bot)
The idea is that Bitcoin miners group a bunch of Bitcoin transactions into a block, then repeatedly perform a cryptographic operation called hashing zillions of times until someone finds a special extremely rare hash value.
The SHA-256 hash algorithm used by Bitcoin The SHA-256 hash algorithm takes input blocks of 512 bits, combines the data cryptographically, and generates a 256-bit output.
Manual mining The video below shows how the SHA-256 hashing steps described above can be performed with pencil and paper.
At this rate, hashing a full Bitcoin block would take 1.49 days, for a hash rate of 0.67 hashes per day.
In comparison, current Bitcoin mining hardware does several terahashes per second, about a quintillion times faster than my manual hashing.
Thus, mining can reuse the result of hashing the first 512 bits, and hashing a Bitcoin block typically only requires 128 rounds.
Summary Source | FAQ | Feedback | Top keywords: hash#1 mine#2 block#3 Bitcoin#4 bit#5
Post found in /Bitcoin, /CryptocurrencySA, /math, /Bitcoin, /openbtc, /btc, /BitcoinAll, /blockchainu, /CryptoCurrency, /techtalktoday, /programming, /ReverseEngineering, /crypto, /technology, /netsec, /Bitcoin, /dogecoin, /seagray, /BitcoinMining, /reddCoin, /mutjake, /esbio, /realtech, /hackernews and /justneckbeardthings.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

North American, European Bitcoin Cash Miner Group Forms to Oppose 12.5% Dev Funding Plan

North American, European Bitcoin Cash Miner Group Forms to Oppose 12.5% Dev Funding Plan submitted by afriendofsatoshi to Bitcoincash [link] [comments]

TIL that it is theoretically possible to mine new Bitcoins by hand with pencil and paper. Technology is a little bit faster, though - about a quintillion times.

This is the best tl;dr I could make, original reduced by 91%. (I'm a bot)
The idea is that Bitcoin miners group a bunch of Bitcoin transactions into a block, then repeatedly perform a cryptographic operation called hashing zillions of times until someone finds a special extremely rare hash value.
The SHA-256 hash algorithm used by Bitcoin The SHA-256 hash algorithm takes input blocks of 512 bits, combines the data cryptographically, and generates a 256-bit output.
Manual mining The video below shows how the SHA-256 hashing steps described above can be performed with pencil and paper.
At this rate, hashing a full Bitcoin block would take 1.49 days, for a hash rate of 0.67 hashes per day.
In comparison, current Bitcoin mining hardware does several terahashes per second, about a quintillion times faster than my manual hashing.
Thus, mining can reuse the result of hashing the first 512 bits, and hashing a Bitcoin block typically only requires 128 rounds.
Summary Source | FAQ | Feedback | Top keywords: hash#1 mine#2 block#3 Bitcoin#4 bit#5
Post found in /todayilearned, /Bitcoin, /Bitcoin, /thenewsrightnow, /DailyTechNewsShow, /bprogramming, /sidj2025blog, /CryptocurrencySA, /math, /Bitcoin, /openbtc, /btc, /BitcoinAll, /blockchainu, /CryptoCurrency, /techtalktoday, /programming, /ReverseEngineering, /crypto, /technology, /netsec, /Bitcoin, /dogecoin, /seagray, /BitcoinMining, /reddCoin, /mutjake, /esbio, /realtech, /hackernews and /justneckbeardthings.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

History Lesson 03/2016: "We need to communicate with the Chinese miners about this upgrade path. They have been misled to believe that only 4–5 people in the world can safely work on the bitcoin protocol, when in fact it is this group that poses the greatest risk for their businesses."

History Lesson 03/2016: submitted by Egon_1 to btc [link] [comments]

Just two individuals control ~61.11% of the BCH hashrate. It's not "decentralized", it is a 51% attack by a single group of collaborating selfish miners. They will steal coins and distribute them amongst themselves. Bitcoin (BCH) cannot take this risk.

Also keep in mind that the reason they went from 40% to 60-70% is because hashrate moved away to mine BTC (more profitable by 30%). This hashrate should return by the 15th if those miners see BCH as valuable.
I do believe that BSV has a right to exist on its own chain. If they want to open themselves up to poisonous blocks by increasing their forked blocksize to 128mb, they should be allowed to. BCH is too valuable to risk something like that until testing shows that it will be safe to do.
submitted by masterD3v to btc [link] [comments]

11-15 12:34 - 'I suggest you buy a second-hand miner.This site: miners at [[link]] are very cheap' by /u/Moustache_Group removed from /r/Bitcoin within 228-238min

'''
I suggest you buy a second-hand miner.This site: miners at [[link]2 are very cheap
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: Moustache_Group
1: w*w.z*usbtc*co* 2: www.zeusbtc.com]^^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Exchange provider CME Group expects bitcoin options to be a hit with Asian cryptocurrency traders, miners

Exchange provider CME Group expects bitcoin options to be a hit with Asian cryptocurrency traders, miners submitted by leftok to atbitcoin [link] [comments]

10-08 00:23 - '[quote] Other miners! They are not a monolithic group.' by /u/juliushenkin removed from /r/Bitcoin within 124-134min

'''
Who checks that the miners are not cheating?
Other miners! They are not a monolithic group.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: juliushenkin
submitted by removalbot to removalbot [link] [comments]

[Business] - Exchange provider CME Group expects bitcoin options to be a hit with Asian cryptocurrency traders, miners

[Business] - Exchange provider CME Group expects bitcoin options to be a hit with Asian cryptocurrency traders, miners submitted by AutoNewsAdmin to SCMPauto [link] [comments]

[Business] - Exchange provider CME Group expects bitcoin options to be a hit with Asian cryptocurrency traders, miners | South China Morning Post

[Business] - Exchange provider CME Group expects bitcoin options to be a hit with Asian cryptocurrency traders, miners | South China Morning Post submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

History Lesson 03/2016: "We need to communicate with the Chinese miners about this upgrade path. They have been misled to believe that only 4–5 people in the world can safely work on the bitcoin protocol, when in fact it is this group that poses the greatest risk for their businesses."

History Lesson 03/2016: submitted by vegasbooty to Cryptoandme [link] [comments]

Youxwallet a binary group bitcoin Miner

Hello guys, there is a new company on the Market of bitcoin miner , and me and my friends on brazil start a group and we would like to have someone from a diferent contry, any questions post here so i can answer.
submitted by poim95 to Bitcoin [link] [comments]

China’s central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production.

submitted by madazzahatter to worldnews [link] [comments]

How to Transfer Bitcoins from Group Fabric Miner to a Bitcoin Wallet Once you Reach Minimum Payout

How to Transfer Bitcoins from Group Fabric Miner to a Bitcoin Wallet Once you Reach Minimum Payout submitted by Rufflenator to 3bitcoins [link] [comments]

How to Transfer Bitcoins from Group Fabric Miner to a Bitcoin Wallet Once you Reach Minimum Payout

How to Transfer Bitcoins from Group Fabric Miner to a Bitcoin Wallet Once you Reach Minimum Payout submitted by ososru to Bitcoin4free [link] [comments]

What's to Stop a Group of Miners from Shorting Bitcoin and Making Tons of Money on its Failure?

Title. I hope my understanding is adequate, but the way I see it, there are ways to short Bitcoin, and I don't see anything stopping a group of miners from getting together, sabotaging it, and making loads of money off of it. Someone tell me this is unlikely/infeasible.
EDIT: For those who don't know, shorting per Investopedia: Short selling is the sale of a security that is not owned by the seller, or that the seller has borrowed. Short selling is motivated by the belief that a security's price will decline, enabling it to be bought back at a lower price to make a profit.
and an article on shorting Bitcoin: https://themerkle.com/top-7-ways-to-short-bitcoin/ and another article on shorting in general: http://www.investopedia.com/university/shortselling/shortselling1.asp
submitted by Breakline7 to Bitcoin [link] [comments]

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