How long does it take to mine a Bitcoin? - Decrypt

Digital Currency for a Digital Age

[Digitalcoin](http://digitalcoin.tech/) is a diligently maintained cryptocurrency intent on market stability, making it ideal for commerce and saving. Possible changes to Digitalcoin's parameters can be implemented upon community rule.
[link]

Credits

This is the official Credits subreddit. PLEASE REMEMBER THAT YOUR DONATIONS ARE WHAT KEEP DEVELOPMENT GOING Credits Donation Address: CTBGcrELbnMgqsPEPcBRgfqFCEHhXbfdpU Bitcoin Donation Address: 1JtQaytDhi6KRL1dPrxDGhR8CGLieJhBeT
[link]

Keep on minting my friends

http://www.mintcoinofficial.eu/ Mintcoin is a community owned and operated pure proof-of-stake crypto-coin. Save your coins in your wallet and earn the annual percentage rate while securing the Mintcoin network. Fast. Secure. Energy Efficient. Digital Internet Money. Mintcoins literally mint coins. Join us, we'll teach you how to mint coins. Start the process of minting your own coins today!
[link]

The 654321st Bitcoin block was mined today. It will take over a hundred years until the 7654321st Bitcoin block is mined. That makes this the only time in your life to upvote this. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

12-23 14:24 - '**Steven Mnuchin** was choose to pull another housing scam this time with FNMA watch carefully / 1. LOOK At this [[link]] More People are now Mining TTN 30TTN/block chain verification!!! Very profitable / 2. BUY 1million TTN...' by /u/TeaTeaNCoin removed from /r/Bitcoin within 0-7min

'''
Steven Mnuchin was choose to pull another housing scam this time with FNMA watch carefully
  1. LOOK At this [[link]2 More People are now Mining TTN 30TTN/block chain verification!!! Very profitable
  2. BUY 1million TTN for 600USD mine Concurrently BUY and mine!
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: TeaTeaNCoin
1: p*o*explorer.*om/*oi*/*835 2: poolex**o*er.*om**oin/*835]*^1
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Using Most Advanced Computer of the '60s It'd Take a Billion Times the Age of the Universe to Mine a Bitcoin Block ⋆ Crypto New Media

Using Most Advanced Computer of the '60s It'd Take a Billion Times the Age of the Universe to Mine a Bitcoin Block ⋆ Crypto New Media submitted by asmajda to CryptoStock [link] [comments]

Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block

Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block

Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block

Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block submitted by Ricktap458 to BestBitcoinNews [link] [comments]

03-18 21:04 - 'FUCK THIS SHIT I SENT $2150 worth of bitcoin with a substantial fee to ensure it got confirmed quickly, it's been 2 fucking hours, only 2 blocks confirmed in that time period and mine was skipped over for whatever fuc...' by /u/WhoCaresAboutYouu removed from /r/Bitcoin within 49-59min

'''
FUCK THIS SHIT I SENT $2150 worth of bitcoin with a substantial fee to ensure it got confirmed quickly, it's been 2 fucking hours, only 2 blocks confirmed in that time period and mine was skipped over for whatever fucking reason
now there hasn't been a block in an hour and the unconfirmed transactions just keep building up
how can anyone rely on a currency so fucking unreliable
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: WhoCaresAboutYouu
submitted by removalbot to removalbot [link] [comments]

[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adjustment

This would make the fork cleaner by presenting less chance for the minority chain to go anywhere.
submitted by BitcoinIsTehFuture to btc [link] [comments]

Why is Bitcoin adding zeros to the hashed output to make the general mining time ten minutes, in stead of a ten minute timer to add a new block to the chain?

submitted by paradoxical_pope to Bitcoin [link] [comments]

@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?

submitted by AltCash to altcash [link] [comments]

One year ago today, Oct 24, we made a snapshot (copy) of the Bitcoin blockchain at height 491406 to prepare for the fork... exciting times! Looking forward to the One Year Anniversary of the first Bitcoin Gold block, 491407, mined on Nov 12!!! $BTG #bitcoin #BitcoinGold

One year ago today, Oct 24, we made a snapshot (copy) of the Bitcoin blockchain at height 491406 to prepare for the fork... exciting times! Looking forward to the One Year Anniversary of the first Bitcoin Gold block, 491407, mined on Nov 12!!! $BTG #bitcoin #BitcoinGold submitted by Asabmoni to BitcoinGoldHQ [link] [comments]

#PAXCOIN #blockchain #currency #mining The problem of Bitcoin it takes long formation time. But in the PAXCoin it extended the block size to 2 MB (megabytes) and reduced the transaction time to less than 1 minute.

submitted by hirushaperera to cryptocurrencynewico [link] [comments]

Should Bitcoin Cash be merge-mined or is EDA enough to eventually stabilize block generation times?

Charlie Lee, Litecoin creator, seems to make a good point in this tweet thread of his:
twitter.com/satoshilite/status/893591913055608832
Because legacy/Core bitcoin and Bitcoin Cash share the same PoW, miners will find themselves jumping back and forth between mining Cash and Core.
So far this has resulted in irregular block times for Bitcoin Cash sometimes with less than a minute between blocks, other times well over an hour!
(How) is this expected to stabilize or is Charlie right in that Bitcoin Cash should be merge-mined instead?
It is bad enough that Core has stolen the Bitcoin name and applied it to their Segwit/RBF-laden perversion, but at least we can say we can still experience the original Bitcoin values in the form of Bitcoin Cash.
The real blow though seems to be with the stolen hashrate. As the price differential between Bcore coin and Bitcoin (Cash) grows bigger, so will the hashrate imbalance and wouldn't this make the block generation time for Bitcoin Cash even more irregular?
Wouldn't merge-mining BCC/BCH remove or alleviate the problem of irregular block times and level the playing field a bit more?
submitted by jbperez808 to Bitcoincash [link] [comments]

How will miner incentives change as blocks become harder to mine over time, with fewer bitcoins rewarded for each one?

If the incentive for solving a block in bitcoin’s block chain is predominantly newly ‘minted’ bitcoins, will transaction fees constantly increase to incentivize miners as the number of bitcoins in circulation approaches the max limit of 21 million?
submitted by beardedrabbit to Bitcoin [link] [comments]

Why is Bitcoin adding zeros to the hashed output to make the general mining time ten minutes, in stead of a ten minute timer to add a new block to the chain? /r/Bitcoin

Why is Bitcoin adding zeros to the hashed output to make the general mining time ten minutes, in stead of a ten minute timer to add a new block to the chain? /Bitcoin submitted by cryptoallbot to cryptoall [link] [comments]

Why is Bitcoin adding zeros to the hashed output to make the general mining time ten minutes, in stead of a ten minute timer to add a new block to the chain? /r/Bitcoin

Why is Bitcoin adding zeros to the hashed output to make the general mining time ten minutes, in stead of a ten minute timer to add a new block to the chain? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

The Reason Why Bitcoin Miners Dedicate Time to Mining Empty Blocks

Blocks filled with transactions are not the only blocks mined on the network as empty blocks are mined as well. Empty blocks actually do have a transaction in them which is included first in every block. The main reason why pools mine empty blocks is because they are performing operations non-stop. Now the biggest qualm people have with miners who dedicate energy to mining an empty block is due to the recent throughput congestion these days.
submitted by bitnext to Bitcoin [link] [comments]

How will miner incentives change as blocks become harder to mine over time, with fewer bitcoins rewarded for each one? /r/Bitcoin

How will miner incentives change as blocks become harder to mine over time, with fewer bitcoins rewarded for each one? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Coinbase Hit by Lawsuit Over Alleged Insider Trading - PayPal Files Patent to Improve Cryptocurrency Transaction Times - Brazil Regulators Move to Block Bitcoin Mining Investments

submitted by cryptocompare to cryptocompare [link] [comments]

[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adju /r/btc

[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adju /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Which often comes first during mining: a successful PoW hash is found on the block even if its less than 1MB, or a block reaches max capacity and the PoW is found some time after (leaving other transactions to wait for the next block)? /r/Bitcoin

Which often comes first during mining: a successful PoW hash is found on the block even if its less than 1MB, or a block reaches max capacity and the PoW is found some time after (leaving other transactions to wait for the next block)? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Should Bitcoin Cash be merge-mined or is EDA enough to eventually stabilize block generation times? /r/Bitcoincash

Should Bitcoin Cash be merge-mined or is EDA enough to eventually stabilize block generation times? /Bitcoincash submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Block Cryptocurrency Mining In Your Web Browser Bitcoin Gold Mining Profitability - BLOCK #005 How to create altcoin- Mining Genesis Block Bitcoin mining is a full time job Noob's Guide To Bitcoin Mining - Super Easy & Simple - YouTube

How long does it take to mine a Bitcoin? Well, it’s not really possible to mine just 1 Bitcoin because each block reward is 6.25 BTC. It used to be 12.5 BTC until May 2020 when there was the halving and the block reward was cut in half. So there’s not a way to mine just 1 Bitcoin. You either win the block reward and receive 6.25 Bitcoin or ... Revisiting the Empty Block Discussion . Mining pools are groups of bitcoin miners that work together to find and verify blocks roughly every ten minutes. Most of the time blocks are filled with ... Mining a bitcoin block adds a new block to the blockchain, and as a reward for creating and validating the block, the miners get a reward in bitcoins. Mining a new block involves solving complex mathematical problems, and the first one to solve the problem gets rewarded with bitcoins. Bitcoin mining requires substantial computing power, and that is why special machines are used to mine ... Block time defines the time it takes to mine a block. Both in bitcoin blockchain and ethereum blockchain, there is an expected block time, and an average block time. In bitcoin, the expected block time is 10 minutes, while in ethereum it is between 10 to 20 seconds. The block time is adjusted based on the level of difficulty. The main ... Bitcoin Average block time (minutes) Chart. Transactions Block Size Sent from addresses Difficulty Hashrate Price in USD Mining Profitability Sent in USD Avg. Transaction Fee Median Transaction Fee Block Time Market Capitalization Avg. Transaction Value Median Transaction Value Tweets GTrends Active Addresses Top100ToTotal Fee in Reward

[index] [11846] [40105] [49206] [48873] [50391] [35722] [34377] [14983] [42304] [49273]

Block Cryptocurrency Mining In Your Web Browser

Bitcoin.com: "Due to significant demand from our users, the Bitcoin.com Pool will give mining customers the option of supporting the Bitcoin Cash chain (BCC) with their hashrate, but otherwise ... One of the aims of Litecoin was to provide a mining algorithm that could run at the same time, on the same hardware used to mine Bitcoins. With the rise of specialized ASICs for Bitcoin, Litecoin ... what it takes to mine bitcoin at home. What It Was Like MINING Cryptocurrency Full-Time For A Year Tails Health Update VoskCoin Rebrand - Duration: 23:44. VoskCoin 337,083 views Bitcoin Cash, Alert: Mining Difficulty, Block Halving & Profitability vs. Bitcoin-BTC: https://steemit.com/@garypalmerjr We are living in very exciting times... Bitcoin is about to experience its third block reward halving, reducing the BTC created each block from 12.5 to 6.25! Halving will forever change Bitcoin mining and reduce its mining profitability ...

#