Sentences with phrase «mining rewards people»

BTC mining rewards people with computer power by generating...

Bitcoin mining rewards people with computer power by generating BTC and giving fees paid to people who mine.

Not exact matches

To «find» them, people do something called mining, which means using a computer and a lot of electricity to solve math problems that unlock bitcoins as a reward.

Bitcoin mining isn't glamorous, but for the people willing to put in the work (dedicating a computer's power to run a transaction validating software app, which helps police the system), there can be rewards.

There's really no telling what the price of a coin will be once mining rewards are in fractions of a coin level, but it seems that during that time more and more people will enter the market with interest and vigor, and those people will help raise the price as well as stabilize it by having a far greater number of people who can decide if and when Bitcoin is losing value.

The 10th annual Australian Mining Prospect Awards, staged by Cirrus Publications» Australian Mining magazine, aims to encourage, recognise and reward excellence in the Australian mining industry and celebrate the achievements of the people and companies who have shown innovation and superior performance during 20Mining Prospect Awards, staged by Cirrus Publications» Australian Mining magazine, aims to encourage, recognise and reward excellence in the Australian mining industry and celebrate the achievements of the people and companies who have shown innovation and superior performance during 20Mining magazine, aims to encourage, recognise and reward excellence in the Australian mining industry and celebrate the achievements of the people and companies who have shown innovation and superior performance during 20mining industry and celebrate the achievements of the people and companies who have shown innovation and superior performance during 2012/13.

The rewards I experienced with training the horses were wonderful, but on a smaller scale to help people with their dogs became a passion of mine.

However low the rewards, the ice and minerals are a vital component of industry, but people used to take care of their own needs by placing buy orders, signing contracts with industrial corporations, or holding occasional group mining ops.

Then as the price of bitcoin, and so the value of the reward, increased, people started investing in mining equipment, and began manufacturing chips called ASICs (Application - Specific Integrated Circuits) that were good for nothing except hashing / mining (so take popular comparisons with the world's supercomputers with a pinch of salt).

This is the reason for the existence of mining pools, in which many people work together to increase their chance but split the reward.

«For open [blockchains], it has to have mining with cryptocurrencies as a reward for the person creating the block.»

The Energi Mine platform financially rewards people and businesses for energy saving behaviour.