BIP - MINING - LITECOIN - MINER -

rssniper (49)in #money • 6 years ago


BIP	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network. ^{Source + Source}
MINING	can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. ^{Source + Source}
LITECOIN	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	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}


BIP	can be submitted by anyone who wants to improve the bitcoin network. an acronym for “bitcoin improvement proposals”. ^{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}
LITECOIN	sometimes referred to as the silver of bitcoin’s gold. it's a peer-to-peer cryptocurrency based on the scrypt proof-of-work network. ^{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}

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