Can someone please tell me what is the electricity expense to those who mine BTX via GPY or CPU? I would love to mine BTX.. The Official BurstCoin Cryptocurrency Hub; Forum Like everyone involved in cryptocurrency I know that Bitcoin and other coins are produced through mining: Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released.
Anyone with access to the internet and suitable hardware can participate in mining.. The participant who first solves the puzzle gets to place the next block on the block chain and claim the rewards.. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle.. Hugs and kisses to those who will answer this GPU miner in direct mode will appear to have frozen at times.
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