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.
/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.
block.one invests in Northern Data 180 MegaWatt bitcoin mining operation, with option to upsize to 300MW. B1 CEO, Brendan Blumer, states it will be powered by EOSIO. My question is how is the EOSIO software related to Bitcoin mining?
This Utility Heats New York State—And Mines Its Own Bitcoin - New York power plant sets up its own Bitcoin mining operation, with ~7K crypto miners, using “behind-the-meter” electricity to generate ~5.5 Bitcoins per day
The result of “bitcoin mining” is twofold. First, when computers solve these complex math problems on the Bitcoin network, they produce new bitcoin, not unlike when a mining operation extracts ... There are a few cases, like with BitFury and KnCMiner, where the company itself runs the mining operation but doesn’t run a mining pool. Bitcoin miners can switch mining pools easily by routing their hash power to a different pool, so the market share of pools is constantly changing. The Bitcoin mining operation is performed in an environmentally friendly way, protecting our planet, while still generating a healthy return to Bitway token holders. We stand for the distribution of 21m Bitway (WAY) tokens and have a long-term goal of creating a decentralized mining platform. Planning Your Bitcoin Mining Operation – Block Operations – Operating a Bitcoin mining facility can be profitable, but you need to treat it like a business. I operate a small Bitcoin mining facility, and there is a lot more that goes into it than just plugging in the equipment and letting it run. ... This project is still in phase one as phase two is planned to up the power of the mining operation to 38.5 MW of power. Bitfury is rumored to be tasked with building all of the new facilities required for the expansion of this mega-mine. Once completed, this mine will be the largest Bitcoin mining operation in North America.
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