Tx f3f8d0d7d78b97be1cafbeb10de947813732b727@23030872

Included in block 23,030,872 at 2018-06-04 15:33:21 (UTC)


Raw transaction

ref_block_num27,716
ref_block_prefix3,661,356,328
expiration2018-06-04 15:43:12
operations
0.
0.comment
1.
parent_author""
parent_permlinkbitcoin
authorucef12
permlinkthe-best-explanation-on-bitcoin-mining
title"THE BEST EXPLANATION ON BITCOIN MINING"
body"get something valuable will not be easy.For example, when you want to get gold, you have to dig it in the depths of the earth, as well as the bitcoin digital piece the same thing, you can get it through a process called mining Bitcoin, The development of technology and the evolution of the digital currency market The extraction process has become complex and will not be accompanied by a simple device.In today's lesson, we will explain the Betcoin extraction process in a more modern way and explain everything about this process.
What is Bitcoin mining?
We can easily call upon the extraction process as the resolution of complex mathematical equations by computers with the process of supernatural abilities, and are rewarded or bimetallic minor by Bitcoin currency. The Bitcoin network change the difficulty level of mathematical equations, depending on the speed of their solution.
In the beginning, the process was entirely based on central processors in the devices, until the miners discovered that the process could be done with the graphics cards because they could perform these operations faster, but they used a great deal of energy electric.
A product was launched to treat Betquin mining as an alternative to computers, but it also consumed a lot of electricity.
The first of these products is an application specific integrated circuit (ASIC) chip designed specifically for the extraction process, this segment of the accelerating extraction process with less power consumption.
To overcome the difficulty of extracting more, Miners Pools was created where miners meet to find better solutions that metal can do on its own, and in the end every metal is rewarded as much as it does.
Why become Bitcoin mining is difficult?
![zez.PNG](https://cdn.steemitimages.com/DQmUwehgeSWv46b3LQcYVxSLWuBmcdYYWSreG8EGer5x9Vu/zez.PNG)
Mining is an Alpetkoan process is Bitcoin process extraction, affected by this process Bajamalih mining energy, the feeling that the largest number of Alpetkoan bimetallic coin, increase energy and exploitation thus increasing the difficulty of mining.
It's like you're in a gold mine and you're exploring for gold in the middle of a big group of prospectors, of course it will be hard to get gold, it's the same mining the current bitquin.
But the increase in bitcoin extraction is driving up the price of money, making the mining itself profitable, despite the difficulty of mining.
Bitcoin mining
![eerr.PNG](https://cdn.steemitimages.com/DQmWJ8NAEjFp8tqiEW4g6a3zoZx5788kXaegLou9NebG6mb/eerr.PNG)
In the case of the beloved reader in the Betquin mining process, you have the mining process, which is profitable and long-term investment, and achieve long-term profits and monthly revenues without problems.
It does not require the extraction of clouds that you are doing something or buy mining equipment are expensive, or pay the expensive electricity bills, offering you business all these tasks, simply because they buy a lot of cheap mining equipment, and if you want cloud extraction process, it will be in front of two options
1 - HashFlare is one of the leading and reliable companies in Bitquin mining and its profits are excellent, which is higher than any other company.
2-, Genesis-Mines is the oldest Bitcoin mining company, and the largest known and reliable and has a large customer base from all over the world, but HashFlare companies are much higher than profit.
Mining machines are profitable right now
![tyyyy.PNG](https://cdn.steemitimages.com/DQmbuaVArEwzeAuQs8uARmN4Ui3ch7Sj51jHYQE1jZJGQDM/tyyyy.PNG)
If you want to buy some help in the extraction process, you will find Antminer T9-12.5TH / s among the names of the candidates, which is one of the best mining equipment at the moment, the price of the machine is about $ 1881 and weighing up to 5.5 kg, it is possible to achieve The cost of electricity used with the device is $ 94 per month, and its revenues reach $ 205 per month , so the net profit is $ 112 a month.
This amount is not profitable at all because you first have to pay the price of the device, which can take a full year, and then start taking advantage of it.
The risk of extracting your PC
![nn.PNG](https://cdn.steemitimages.com/DQmdXNStLC4w7Y7ep7P19THYSiy6Ao7VF1rMqNVoh4xBSoX/nn.PNG)
Bitcoin mining is at home through your PC or desktop common online activities, but your dear reader should be at risk while you do it. Here is a set of risks that can occur when you do this.
Betquin extraction threatens to damage your PC
Bitmin mining is a complex process that not only opens a program and lets the device run for extended periods, perhaps 24 hours a day. The programs used are millions of calculations that consume your computing resources, including random memory , processor and graphics processor.
A single block decomposition containing 25 domestic processes requires significant resources up to 1 Terra HASH, while the most powerful computers do not reach this power.
What it does is simply wasting time and computer torture, and finally the inevitability of an accident and your shutdown operation could result in further losses for you, including the loss of data stored on the computer. device as well as the cost of repairing or buying a new computer.
Rape viruses love computers used in mining
A lot of mining programs and Bitcoin sites and digital currencies are working on downloading malware on your computer, and does not mean that official websites and companies have great credibility, but a lot of fake sites Web that claim to provide you with the benefit of getting these currencies.
Viruses targeting computers used in mining exploration are ransom-type, but do not ask for a physical amount directly or do not encrypt your files.
All you do is that they extract a secret from your device and in the background without knowing, is not meant to damage your computer, but exploiting your mining use and gaining money from it. money on your time.
Among the most famous of these viruses, we find Trojan-Ransom.Win32.Linkup that works to change the DNS title of your device and work to turn your computer into a robot mining.
These viruses are designed to infect thousands of computers and, to collect revenue, hackers get good results.
thanks"
json_metadata{"tags":["bitcoin","crypto","cryptocurrency"],"image":["https://cdn.steemitimages.com/DQmUwehgeSWv46b3LQcYVxSLWuBmcdYYWSreG8EGer5x9Vu/zez.PNG","https://cdn.steemitimages.com/DQmWJ8NAEjFp8tqiEW4g6a3zoZx5788kXaegLou9NebG6mb/eerr.PNG","https://cdn.steemitimages.com/DQmbuaVArEwzeAuQs8uARmN4Ui3ch7Sj51jHYQE1jZJGQDM/tyyyy.PNG","https://cdn.steemitimages.com/DQmdXNStLC4w7Y7ep7P19THYSiy6Ao7VF1rMqNVoh4xBSoX/nn.PNG"],"app":"steemit/0.1","format":"markdown"}
extensions[]
signatures
0.207af19804397de56968ce9961982cf4720e676a6a754d79055e0d664101d9bb1c139afcf57ca1c4fb489e3c4d184e9bd0f76f881da0ee50816b6be15b46841716
transaction_idf3f8d0d7d78b97be1cafbeb10de947813732b727
block_num23,030,872
transaction_num48