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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
To start mining Bitcoin, you'll need cheap electricity (a lot of it), an internet connection, and at least one Bitcoin mining hardware device - an ASIC Bitcoin miner. In the very early days (2009-2011) you could mine Bitcoin with a CPU, then mining software was created to utilize the computing power of a GPU, then came FPGAs, and in 2013 the ... An application-specific integrated circuit (abbreviated as ASIC) is an integrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. In Bitcoin mining hardware, ASICs were the next step of development after CPUs, GPUs and FPGAs.Capable of easily outperforming the aforementioned platforms for Bitcoin mining in both speed and efficiency, all Bitcoin ... Application-Specific Integrated Circuit. ASICs allow miners to use hardware made specifically for Bitcoin or other SHA-256 algo coins. An ASIC has benefits over CPU, GPU and FPGAs due to being designed for one specific task. They are able to mine Bitcoin at a higher hash rate (speed of processing transactions) than CPUs, GPUs and FPGAs. Little is known about this Bitcoin ASIC other than that it existed and was used in a small number of miners on the Chinese market: BTCGARDEN. BTCGARDEN www: Top (V2) Top (V3) Layout. Layout. Garden BCT Introduced: 2013-May-22: Technical specifications Package: LQFP64 10x10mm Markings: GardenV[batch] / 0924 Known codes: 2, 3 Die:130nm Foundry ... What is an ASIC Bitcoin Miner? Since it’s now impossible to profitably mine Bitcoin with your computer, you’ll need specialized hardware called ASICs. Here’s what an ASIC miner looks like up close: The Dragonmint 16T miner. Originally, Bitcoin’s creator intended for Bitcoin to be mined on CPUs (your laptop or desktop computer).
USB Bitcoin Miner - The Power of 1000's Computers - YouTube
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