The home for the most innovative cryptocurrency, VeriCoin and Verium VeriCoin: Proof-of-Stake-Time Protocol. PoST Verified. Verium: Proof-of-Work-Time Protocol. PoWT Verified. CPU Mine-able (GPU and ASIC Resistant)
This is my first post on reddit so take it easy on me if this topic has already been brought up. I did a quick search and didnt see anything. I'm a Security Administrator at my workplace and our IDS detecting a person (not an employee) on our public wifi that could be potentially mining bitcoins. It detecting a few logins to monero crypto pool in another country. From a security standpoint, what concerns should I be aware of? Also should that machine be blacklisted from our wifi? I know it could be potentially infected with malware or part of a botnet to be part of a global mining operation. I dont really any other proof in the log of the IDS other than the login that I mentioned earlier. Any feedback is appreciated. Thanks
I converted my test bench / gaming rig / bitcoin mining rig into a offic so my better half could work at home. She is working hard and eating my home made blueberry bread. I got recruited as her personal secretary. She told me that I had to wear heels and a skirt or dress in her closet!
Bitcoin Cash hashrate is at all time high. Miners are putting ideology before profit mining BCH at a relative loss to BTC. Does not matter what side you are rooting for: This is _exactly_ how its intended to work, and its beautiful!
09-10 19:43 - 'i remember being into BurstCoin, I finished building a petabyte of storage to start mining and realized my returns would take 2 life times if not more. Likely the place a I work at was willing to buy those harddrives off me...' by /u/lib3rty47 removed from /r/Bitcoin within 390-400min
''' i remember being into BurstCoin, I finished building a petabyte of storage to start mining and realized my returns would take 2 life times if not more. Likely the place a I work at was willing to buy those harddrives off me. Its concept of a good coin but i can't wait that long. ''' Context Link Go1dfish undelete link unreddit undelete link Author: lib3rty47
Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin. Not without challenges, this young industry is growing in energy-rich North America. Several companies are working to expand the niche and U.S.-based EZ Blockchain shared details about their progress.
@gpuhot: 100TH + mining on $BTCV at https://t.co/nDLdX2JdbO x2 stratum. The additional x16 stratum didnt work out, so... Maybe time to up the block rewards from 100 to 400, x8? What do you say @bitcoin_v ? Any miners got an opinion?
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How Does Bitcoin Mining Work? Step 1: Imagine you want to buy a bed and pay using Bitcoins. If the cost of the bed is $300, it will be around 0.046510 Bitcoin (as of writing this, that is). While you buy the bed, other people around the world also buy things with Bitcoin. How does Bitcoin work? This is a question often surrounded by confusion, so here's a quick explanation! ... through a process called mining. Processing - mining. Mining is a distributed consensus system that is used to confirm pending transactions by including them in the block chain. It enforces a chronological order in the block chain ... How does Bitcoin mining work when most transactions fail? Well, it usually takes around 10 minutes for a calculation to succeed. This is when a new block is added to the blockchain and a miner ... Bitcoin mining is done by specialized computers. The role of miners is to secure the network and to process every Bitcoin transaction. Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”).. For this service, miners are rewarded with newly-created Bitcoins and transaction fees. The bitcoin reward that miners receive is an incentive which motivates people to assist in the primary purpose of mining: to support, legitimize and monitor the Bitcoin network and its blockchain.
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