Difference between revisions of "Mining"

From CoinWiki
Jump to: navigation, search
(Mining Tutorials)
Line 5: Line 5:
 
== Mining Tutorials ==
 
== Mining Tutorials ==
 
* [[How to mine CryptoNote currencies]]
 
* [[How to mine CryptoNote currencies]]
* [[How to mine Bitcoin]]
+
* [[https://blocktorial.com/guides--tutorials/category/mining-tutorials Blocktorial.com]] For more mining tutorials
* [[https://blocktorial.com/guides--tutorials/category/mining-tutorials Blocktorial]] For more mining tutorials
 
  
 
== Nefarious behavior ==
 
== Nefarious behavior ==

Revision as of 08:10, 7 May 2018

Mining is basically transaction verification. When a block of transactions has been validated, the person who successfully solves the problem first receives a reward such as a Bitcoin.

In early days, any computer could be used for mining, but the algorithm is designed to get harder and harder as more people get on the Blockchain so normal computers are now very inefficient at mining. Over time, people found that using computers with mining specific GPUs worked well and now the most efficient miners use Custom Mining Computers, which have a higher hashrate. One can also mine by joining a mining pool.

Mining Tutorials

Nefarious behavior

Articles on small towns being overrun by miners