Sentences with phrase «access to bitcoin mining»

To preserve the independence of the Bitcoin ecosystem from miners» influences, some people thought that it would be a good idea to change the bitcoin protocol in such a way that any of us can have access to Bitcoin mining.

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It also helps that bitcoin is an open and decentralized network, making «mining» a legal and relatively easy activity for anyone who has access to the internet.

In this way, the public can have an easier access to mining Bitcoins.

«It's been a long road, but we believe overt version - rolling can create the right incentives for other patent holders in the industry to join the BDPL and create a strong, defensive pool of patents in exchange for access to the technology for energy efficient optimization of the Bitcoin mining process.»

Iceland boasts a long - running bitcoin mining ecosystem, thanks to the country's data center industry and access to geothermal energy sources.

If the testnet switches over to a live network in May, as planned, merge - mining is expected to give miners on the bitcoin network access to a new source of revenue with no added mining power demands.

The BlockBox AC is one of the first mobile Bitcoin mining units that has the scale of a full - size data center, allowing for easy access to the Bitcoin network.

Bitcoin Mining is Heating Up on College Campuses: Hey, if you had access to free electricity, wouldn't you give mining Mining is Heating Up on College Campuses: Hey, if you had access to free electricity, wouldn't you give mining mining a try?

Iceland has long played home to an ecosystem of bitcoin miners, thanks to the country's access to abundant sources of geothermal power and Arctic air, the latter of which is key for keeping the power - hungry mining hardware cool without added electricity costs.

In this way, the public can have an easier access to mining Bitcoins.

It still takes an exorbitant amount of energy to mine cryptocurrency, not to mention how clogged the network would become if a significant number of nodes, miners or bitcoin developers suddenly lost internet access.

The Chinese renminbi (CNY) is under - represented on LocalBitcoins considering the amount of bitcoin mining and trading that goes on there, though Chinese residents have access to several high - volume exchanges and also use other, China - only OTC platforms to trade off - exchange.

China may discourage bitcoin mining operations in the country by curbing their access to electricity.

So far, the idea is said to have support from bitcoin's mining community, though miners did not have any preferred access to the code, a source said.

The reason Chinese miners have proliferated to such an extent that they account for a purported 71 % of total Bitcoin mining pools is access to low - priced electricity.

thehackernews.com - Security researchers have discovered a custom - built piece of malware that's wreaking havoc in Asia for past several months and is capable of performing nasty tasks, like password stealing, bitcoin mining, and providing hackers complete remote access to compromised systems.

Before bitcoin can be mined, one has to have access to stable internet connection, and the appropriate hardware used in the mining of the cryptocurrency.