Author Topic: 50th/s bitcoin mining  (Read 42 times)

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Offline KrasnovSpl

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50th/s bitcoin mining
« on: August 10, 2018, 01:28:25 pm »

 
 
 
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------>  START MAKE BITCOIN NOW!  <------
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a cryptocurrency is a medium of exchange like normal currencies such as usd, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. cryptography is used to secure the transactions and to control the creation of new coins . today there are hundreds of other cryptocurrencies, often referred to as altcoins. put another way, cryptocurrency is electricity converted into lines of code with monetary value.  money income ideas in the simplest of forms, cryptocurrency is digital currency. unlike centralized banking, like the federal reserve system, where governments control the value of a currency like usd through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized. most cryptocurrencies are designed to decrease in production over time like bitcoin, which creates a market cap on them.  thats different from fiat currencies where financial institutions can always create more, hence inflation. the technical system on which all cryptocurrencies are based on was created by satoshi nakamoto. while hundreds of different cryptocurrency specifications exist, most are derived from one of two protocols; proof-of-work or proof-of-stake. 
 
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