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  1. ELI5: How does crypto mining work? : r/explainlikeimfive - Reddit

    For Bitcoin and similar coins specifically, the miner is taking a selection of recent transactions (that haven't already been recorded in a previous block), adding a little bit of data (including …

  2. Nerd Miner Review: I bought a BTC lottery miner, now I am an

    The main aim of this project is to let you learn more about bitcoin mining and be part of the network. To explain the term " lottery miner ": there is a very very small chance to mine a block …

  3. ELI5: Can someone explain to me how crypto works? - Reddit

    Feb 9, 2022 · Bitcoin is different in that you cannot withdraw bitcoins from the network because they do not exist in the same way dollar bills do. There is no code you can download onto a …

  4. Can Someone Explain How Bitcoin ETFs Work? - Reddit

    Here's an example of the confusion. Greyscale actually mentioned they have "bitcoins per share." But that value is 0.00089386 bitcoins per share. That's a weird number. If that would have …

  5. HOW DOES IT WORK? : r/Bitcoin - Reddit

    HOW DOES IT WORK? Greetings. I have been reading about Bitcoin on the internet, even bought a book about it, but I still can't understand how it works. Because of that I decided to …

  6. How does bitcoin mining work? : r/BitcoinMining - Reddit

    Nov 28, 2023 · How does bitcoin mining work? I want to get into bitcoin mining but I don’t know where to start.

  7. Can someone explain Bitcoin in the simplest way possible? New

    Jun 23, 2023 · Understanding bitcoin is many orders of magnitude simpler than understanding (fiat) money. But even though it is the simplest form of money it is still non-trivial LearnMe: …

  8. How does Bitcoin work? : r/Bitcoin - Reddit

    Dec 11, 2014 · How does Bitcoin work? Hi guys, I'm an Xbox gamer and I just heard yesterday that Microsoft is accepting bitcoins for Xbox credit. Now I've heard a little about bitcoin in the …

  9. Eli5: how does one mine for bitcoins. : r/explainlikeimfive - Reddit

    Feb 4, 2024 · Bitcoin is a "blockchain". This means that there is a "chain" of all Bitcoin transactions ever, which records who owns what. Because Bitcoin is decentralized, anyone is …

  10. How to efficiently use bitcoin farm? : r/EscapefromTarkov - Reddit

    I have, for the first time, upgraded to bitcoin farm this wipe and realized I have no idea how to efficiently run it when accounting for cost of fuel and graphics cards and such.