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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.


Думки

Уряд США, схоже, наближається до майнінгу Bitcoin

Опитування Міністерства енергетики для збору даних про енергоспоживання крипто може бути використано для обґрунтування позиції, що блокчейн становить «громадську шкоду».

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Фінанси

Акції Bitcoin Miner GRIID продовжили падіння після лістингу Nasdaq

GRIID розпочав торгівлю на світовому ринку Nasdaq у понеділок під тикером "GRDI", продовжуючи торгувати на Cboe Canada під тим же тикером.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Відео

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.

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Політика

Celsius планує перейти на нову компанію, яка займатиметься лише майнінгом після того, як SEC відгукнеться про оновлений план банкрутства

У понеділок, за кілька годин до оголошення Celsius , CoinDesk повідомила, що SEC хоче отримати більше інформації про активи колишнього Крипто .

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

Відео

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."

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