Sentences with phrase «rewarded with bitcoins»

- The first computer that solves the puzzle can add the block and is rewarded with bitcoins.

The bitcoin block miners are rewarded with bitcoins which are included in the numerous transactions entered into.

By using their computing power for this work, miners are rewarded with bitcoins.

As I understand bitcoin transactions are validated by bitcoin miners, and their incentive to participate in this validation is that they get rewarded with bitcoins.

In return they are rewarded with bitcoins.

The more computing power miners throw at the system, the better their chances of being rewarded with Bitcoin.

Users that add computational power to the network are rewarded with some Bitcoin.

By allowing your computer to do a certain amount of cryptographic work you are rewarded with some Bitcoin.

Every time a miner confirms a transaction, they are rewarded with Bitcoin.

My career foundation was built on retail, so it was a perfect fit to enable savvy shoppers to find fantastic online deals from leading retailers and in exchange reward them with Bitcoin, Bitcoin Cash and in the near future other digital currencies.

Whoever successfully uses cryptographic hash functions to solve a block containing the latest bitcoin transaction data is rewarded with bitcoin.

Computers involved in the transaction confirmation are rewarded with bitcoin.

These miners are rewarded with Bitcoin based on how many transactions they process.

In short, bitcoin miners are rewarded with bitcoin for each block of transactions they validate.

Miners use computing power to process the transactions, and are rewarded with Bitcoin Cash for their efforts.

Not exact matches

Bitcoin's uniquely set payout rate — which rewards «miners» for supporting the network with their computers — also helps make it more valuable.

There have been a number of attempts to construct Reddit - style communities that reward users with Bitcoin or other virtual currencies, including services like Voat.

All aspects of these transactions would be programmed and automatic, with their transactional integrity guaranteed by the Bitcoin blockchain, constantly vetted by the vast network of «miners» rewarded for their maintenance work with a stream of bBitcoin blockchain, constantly vetted by the vast network of «miners» rewarded for their maintenance work with a stream of bitcoinbitcoin.

Two of South Korea's largest banks, Shinhan and KB Kookmin, will be concluding their partnership with the cryptocurrency exchange Coinplug, which currently allows customers who are participating in some of the banks» credit card rewards programs to trade the points that they've earned for bitcoin.

As I see now it is around 3 transactions per second for Bitcoin And the total cost per transaction is around $ 40 (with new coin reward)

Bitcoin Rewards have carefully selected below our favourite everyday essentials for a great relaxed fit with freedom to move and breathe and not to mention for a steal of a price!

As mentioned above, PoW requires large amounts of resources and energy, and pits miners against each other — with each competing to complete transactions the fastest in order to receive a reward (Bitcoin).

Jump onto the inclusive BitcoinRewards platform today and shop with Rockwear and also earn up to 5.6 % * back of your purchase paid in Bitcoin Rewards.

Once a miner has found a block they are rewarded with a number of Bitcoins.

For what it's worth, Bitcoin rewarded its backers with 1,420 % gains in 2017 and Ethereum delivered more than 8500 % increase in value in the same period.

By simply referring us, you can earn yourself a little (or a lot) extra BTC Whether you're a vlogger / blogger, Instagram model or traditional publisher, share the Wirex content with your audience (friends and family) as a Wirex affiliate and earn rewards in bitcoin.

The first block of Bitcoin ever, referred to as «genesis block» with a reward of 50 Bitcoins, was mined by Satoshi Nakamoto.

It runs on a system set up after bitcoin to improve on it, with a network that rewards participants not just for mining and verifying blocks of transactions but also for providing and building network capacity, so improving on bitcoin's slow pace and lack of scalability.

Most of the giving websites now focus on Bitcoin, a few of these websites you might be required fill in a captcha after a particular period of time and are rewarded with a small quantity of coins for visiting them.

[20][21] In January 2009, the bitcoin network came into existence with the release of the first open source bitcoin client and the issuance of the first bitcoins, [23][25][27] with Satoshi Nakamoto mining the first block of bitcoins ever (known as the genesis block), which had a reward of 50 bitcoins.

Bitcoins predictable reward rates combined with Bitfury's forward - thinking hardware and software solutions for quick efficiencies of scale, allows Hut 8 Mining an opportunity to establish one of the most important cryptocurrency mining hubs in North America, which until now, has been largely inaccessible to investors.

The person who solves the problems gets rewarded with part of the transaction fee or is paid in Bitcoin.

Starting a bitcoin exchange and trading company can be rewarding but you would have to compete with other well established bitcoin exchange and trading companies on the World Wide Web.

To put things better into perspective, the Bitcoin Foundation's board of directors have managed to reach the decision, after discussing the risks and rewards associated with entering the partnership.

With the Bitcoin blockchain, it is built into the system that every time a block is confirmed a reward of, so many Bitcoin is given to the miners whose computations were the first to verify the block and add it to the blockchain.

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.

Here they are trying their best to reward their customers with Bitcoins and Ether.

And more recently, reports have emerged that amid the crisis, Venezuelans are increasingly capitalising on heavily subsidised electricity costs in the country to mine bitcoin — that is, the process of validating new transactions onto bitcoin's public ledger (the blockchain), which is then rewarded with the receipt of newly minted digital currency.

Based on Bitcoin, the new currency rewards people with coins in return for proof that they have generated solar energy

Specialized computer farms are set up to solve the equations, with the first network to actually solve the equation rewarded with new bitcoin.

If you manage to mine some bitcoins, any block reward you might get has to be accounted for along with the number of bitcoins gained and their market value at that time.

Nadex Bitcoin Spreads, based on the trusted TeraBit IndexSM, let you trade the price of Bitcoin, with risk - reward limits built in.

Itadaki Dungeon, a new Japanese game which rewards its players with bits of real bitcoin, has seen a rapid increase in popularity.

Upon successful completion of the task, they are rewarded for their work with bitcoins.

Successfully adding a block of transactions to the block chain is rewarded with newly created bitcoins, and is therefore called «mining».

However, with mining rewards from bitcoin generation decreasing, we will probably see the need for an increase in associated transaction fees.

RSK is the first open - source smart contract platform with a 2 - way peg to Bitcoin that also rewards the Bitcoin miners via merge - mining, allowing them to actively participate in the Smart Contract revolution.

The operator of Japan's largest rewards site with 5 million users is launching a bitcoin exchange.

Orders paid with bitcoins count towards your Tasty Rewards!

These individuals are rewarded with an issuance of new bitcoins and transaction fees.