Questions on: mining-theory - страница 5

Hi, Motivation: I run the original client since my first days, I have too many addresses in it and I want to keep using them. I have not found any quick and easy way to transfer my wallet to Multibit, so I need to stick with the original client. Ever
Why do we mine? We need to all agree on who owns which coins. If your idea of who owns what is different than mine then how can we trade? To achieve this, the Bitcoin protocol keeps its ledger of all transactions in a series of blocks, with each bloc
If the transaction fees from miners are not sufficient to maintain the security of the ledger, than the network will self-destruct. But, with the cap being so-far away (who knows how many years) by then computing power should be sufficient to ensure
I'm interested in learning more about how bitcoin, mining, and blockchain technology work. I'm a student and don't have a strong background in computing, and I'm looking for a layman's explanation of a few basic, yet critical questions surrounding th
It's an event that brings equal parts predictability and uncertainty. For close to a year, bitcoin miners and investors have been preparing for a network change nicknamed 'the halving'. At approximately 18:00 UTC tomorrow, the subsidy the bitcoin net
Gas is the internal pricing for running a transaction or contract in Ethereum. At the time of writing before the launch of Frontier it is fixed to 10 Szabo, which is about 1/100,000 of an Ether. In fact the term Gas cost is just a way of confusing pe
You can bet that some supercomputers are spending time on Bitcoin mining. Since the overall rate of payout is formulated on a calendar-schedule, the payoff per kilowatt hour consumed is low. A 2014 article by Business Insider claims that supercompute
I'll first start off by saying that the issue GENERALLY doesn't occur unless I'm doing something remotely stressful for my computer. This issue used to occur whenever it felt it was necessary, however has not occurred completely randomly for a while
Visualize and Download High-Resolution Infographic A proof of work is a piece of data which was difficult (costly, time-consuming) to produce so as to satisfy certain requirements. It must be trivial to check whether data satisfies said requirements.
I usually get a nice 200 Mh/s out of my XFX 6770 clocked at 950 MHz / 300 MHz. Sometimes I'll check cgminer and see the hashrate has dropped to around 90Mh/s while temperature of the GPU dropped to a constant temperature around 60C, even though I set