Money Talk

How to bitcoin miners work?

Submitted by wolfiizzz, , Thread ID: 140890

Thread Closed
19-08-2019, 12:39 PM
#1
Can someone tell me how "Bitcoin" and "Miners" Work? I know its a stupid question to ask but I really want to know. I want to see if I can try it in the future...

Thanks

:D

RE: How to bitcoin miners work?

#2
You can find tutorials on youtube how to mine bitcoins. But it's useless. You have to buy much thinks (such as Motherboard, CPU, RAM, more than one GPU) for "effective" mining. It isn't worth to mine bitcoin in 2k19

Cheers the operator Smile

RE: How to bitcoin miners work?

#3
The short of it, is that a mining program decrypts an encryption via bruteforcing, and several websites have it set so that you and other miners can work together so that if either of you find the code that cracks it, it then doles it out to everyone based on how much workload everyone put towards gaining that bitcoin.

Of course, if you were to find it alone without working together, you'd have all of the profit, but that's pretty dang rare since there's millions of people out there doing this.
Unless you had a botnet, that is.

RE: How to bitcoin miners work?

#4
you can use cloud mining which uses their asic miners and electricity , if you can find a legit one.

RE: How to bitcoin miners work?

#5
It seems you are newbie like me. I found there are various way to do it. Search on this forum then you will see how you can earn a lot.

RE: How to bitcoin miners work?

#6
There are plenty of youtube videos explaining this actually very well to be honest.
In the beginning it looks very complicated but actually it isn't.

RE: How to bitcoin miners work?

#7
this is the best I found from all others programs, believe me,
The short of it, is that a mining program decrypts an encryption via bruteforcing, and several websites have it set so that you and other miners can work together so that if either of you find the code that cracks it, it then doles it out to everyone based on how much workload everyone put towards gaining that bitcoin.

RE: How to bitcoin miners work?

#8
youtube is probably your best resource for this but simply put it's a mining program that works with decryption and encryption

RE: How to bitcoin miners work?

#9
Thank you sir. Great pack. You are a legend. Been looking all over for it.

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