OPEN SOURCE - MINER - SATOSHI - MINING -

in #cryptocurrency6 years ago


OPEN SOURCE
a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. Source + Source
MINER
there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. Source + Source
SATOSHI
by choosing the most efficient and suitable hardware and mining target, mining can produce a stable form of passive income. in this cryptocurrency boom, mining can be a lucrative business when done properly. the necessity of validation warrants an incentive for the miners, usually in the form of coins. mining is the act of validating blockchain transactions. Source + Source
MINING
to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software. Source + Source


OPEN SOURCE
to allow the source to be distributed and altered by anyone.the practice of sharing the source code for a piece of computer software. Source + Source
MINER
a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. a miner has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. a miner can build a block and add it to the blockchain. Source + Source
SATOSHI
there are 100 million satoshis in a single bitcoin. the smallest unit of bitcoin possible. Source + Source
MINING
by choosing the most efficient and suitable hardware and mining target, mining can produce a stable form of passive income. in this cryptocurrency boom, mining can be a lucrative business when done properly. the necessity of validation warrants an incentive for the miners, usually in the form of coins. mining is the act of validating blockchain transactions. Source + Source

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