What is cryptocurrency mining reddit

r/bestof: The very best comments on reddit as submitted by the users of reddit. What is currently the best tool to use to mine the most profitable coin using gpu mining? Would prefer an easy to use tool - but will take all suggestions. thanks! So, liquid submersion cooling actually SAVES energy costs BUT it is crazy expensive to build. S9 miner = 0.00082 btc per day = $6 per day Cost of electricity for  I was mining pretty hard until June 2018, when the profitability was significantly Is it related to the fact that the bitcoin price isn't 12,000$? Because i remember 

Cryptocurrency Mining Profitability | #1 Cryptocurrency ...

What Is Cryptocurrency Mining? Webopedia Definition Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown Cryptocurrency Market Capitalizations | CoinMarketCap Cryptocurrency market cap rankings, charts, and more The Founder of F2Pool, top mining 🛠 company, talks about his accidental discovery of crypto and role in educating China's mining movement. 👉 Read about it now! The open interest on Derivatives, a growing crypto trend, has soared to $4 billion! What Are Miners? How Does Cryptocurrency Mining Work? Cryptocurrency Mining and Profitability Concerns. Mining is called mining because it is a process in which volunteers contribute a great deal of effort in the hopes of receiving ‘a gold coin.’ It makes sense that most miners who wish to contribute to blockchains are in the game for a profit.

Cryptocurrency market cap rankings, charts, and more The Founder of F2Pool, top mining 🛠 company, talks about his accidental discovery of crypto and role in educating China's mining movement. 👉 Read about it now! The open interest on Derivatives, a growing crypto trend, has soared to $4 billion!

Jan 27, 2017 · After reading all of this I am sure you might be curious and fascinated about cryptucurrency mining and getting your hands ready for cryptocurrency mining to earn bitcoins as a reward. Well, so was I but first you need to understand the technicalities of mining and how cryptocurrency mining is done.