Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.


Finance

Ang Bitcoin ay Mula sa Pagkulo ng mga Karagatan hanggang sa Pag-draining ng mga Ito, Ayon sa Kritiko

Ang isang data scientist para sa Dutch National Bank, si Alex De Vries, ay nagsasabing ang bawat transaksyon sa Bitcoin ay gumagamit ng sapat na tubig upang punan ang isang swimming pool.

Swimming pool water (Aquilatin/Pixabay)

Finance

Nilalayon ni Jack Dorsey na Gumawa ng Anti-Censorship Bitcoin Mining Pool Gamit ang Bagong Startup

Sinabi ng kumpanya na lumikha ito ng "only non-custodial" mining pool kung saan nakukuha ng mga minero ang bagong Bitcoin block reward nang direkta mula sa network.

Jack Dorsey speaks at Consensus 2018 (CoinDesk)

Videos

SoFi to End Crypto Services; Jack Dorsey's Latest Crypto Moves

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the latest developments for Binance as founder and former CEO Changpeng "CZ" Zhao steps down as chairman of the global exchange's U.S. affiliate's board. SoFi tells its crypto customers it is ending crypto services next month. Plus, Jack Dorsey leads a $6M seed funding round for a decentralized bitcoin mining pool.

Recent Videos

Tech

Ang Anti-Censorship Ethos ng Bitcoin ay Lumalabas Pagkatapos ng Mining Pool F2Pool Kinikilala ang 'Filter'

Matapos iulat ng isang blockchain sleuth na ang Bitcoin mining pool ay maaaring nag-censor ng isang transaksyon mula sa isang address na naka-blacklist ng mga awtoridad ng US, tumugon ang mga kritiko, at gayundin ang co-founder ng proyekto.

Bitcoin mine (Eliza Gkritsi/CoinDesk)

Policy

Celsius sa Transition to Mining-Only NewCo After SEC Feedback sa Updated Bankruptcy Plan

Noong Lunes, ilang oras bago ang anunsyo ng Celsius , iniulat ng CoinDesk na gusto ng SEC ng karagdagang impormasyon tungkol sa mga asset ng dating Crypto lender.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Finance

Nagsimula ang Luxor ng Bagong Negosyo para Mas Mabilis ang Pagpapadala ng Bitcoin Mining Rig

Ang kumpanya ng mga serbisyo sa pagmimina ng Bitcoin ay dati nang nagpadala ng mahigit $245 milyon na halaga ng kagamitan sa higit sa 30 bansa.

Supply Chain (Shutterstock)

https://www.shutterstock.com/image-photo/container-ship-import-export-business-logistic-705020668

Videos

Marathon Digital CEO on Testing BTC Mining With Methane Gas From Waste Landfill

Bitcoin miner Marathon Digital has teamed up with Nodal Power for a 280 kilowatt pilot mining project in Utah that is using methane gas generated from landfill waste to power mining operations. Marathon Digital Holdings CEO Fred Thiel discusses the partnership and the broader state of bitcoin mining, explaining how "long-term, bitcoin miners can essentially become energy negative."

Recent Videos

Videos

Bitcoin Mining Stocks Climb This Week as BTC Hovers Near 17-Month High

Bitcoin mining stocks soared Thursday as bitcoin (BTC) itself traded around a 17-month high. Shares of U.S.-listed mining companies such as Marathon Digital (MARA), Riot Platforms (RIOT) and CleanSpark (CLSK) rallied during the day amid a wider surge in equities. The largest cryptocurrency by market cap is currently trading around $34,500. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Videos

Ex-Celsius Exec Pleads Guilty; Coinbase Earned $1M Amid Hack

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including details on a former Celsius Network executive pleading guilty to U.S. criminal charges. According to market observers, Coinbase is sitting on a roughly $1 million profit tied to a hack. And, bitcoin mining pool F2Pool has returned 19.8 bitcoin (BTC) to Paxos.

Recent Videos

Opinion

Isang Bukas na Liham kay Pangulong Biden Tungkol sa Pagmimina ng Bitcoin

Ang proof-of-work na pagmimina ay maaaring maging pangunahing bahagi ng mga plano ng administrasyon na palawakin ang mga renewable at i-upgrade ang imprastraktura ng America.

(Tabrez Syed/Unsplash)