09-27 23:55 - 'Bitcoin mining tool, Get yours now. I make up to $800 using this software per day and I have used it for 3 days now summing up to $2400. Inbox me if interested.' (youtu.be) by /u/lewisking26 removed from /r/Bitcoin within 0-9min
How many of our old electronics can be turned into Bitcoin Mining tools?
Just noticed I have a few Xbox 360s that have been gathering dust for a few years now and I thought, "can these be turned into miners?" Notice how I did not say "effective miners". I am fully aware mining is difficult even with dedicated miners, just curious how many of our old electronics could be repurposed as mining devices and how much of a waste it would be turning these devices into miners.
A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. On a global scale, the map shows China making up 65% of total global hashrate, with the U.S. and Russia back on 7%.
Going to clone a drive, will I run into license issues?
I'm upgrading my Aunts laptop from a 500gb HDD to a 500gb SSD, and while I've never personally had any issues with licenses/keys to various software carrying over, I want to be sure, as I've heard some pieces of software like steam or bitcoin mining tools will freak out if you change even one part. I will be using one of those drive docks to clone the drive.
Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Bitcoin mining has evolved a lot since its introduction and is currently a different ball game with its own economics. With high investment and operating costs, the whole bitcoin mining activity got concentrated on mining pools run by large companies, giving too little scope for individual miners to start and profit from it. 3. Best Bitcoin mining software CGminer. Pros: Supports GPU/FPGA/ASIC mining, Popular (frequently updated). Cons: Textual interface. Platforms: Windows, Mac, Linux Going strong for many years, CGminer is still one of the most popular GPU/FPGA/ASIC mining software available. CGminer is a command line application written in C. It’s also cross platform, meaning you can use it with Windows ... Bitcoin mining rigs and systems have come a long way since the beginning. The first Bitcoin miners made do with the tools they had at their disposal and set up various software to control the mining hardware in their rigs. While these make-shift solutions were better than nothing, they didn’t exactly work efficiently. ...
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