Recent content by 69er miner

The importance of an immutable ledger! last time we discussed bitcoin and blockchain. Throughout history, assets such as property have been kept on ledgers which were safeguarded by an authority such as a bank or government. In most cases these ledgers were not immutable, meaning that they...

Blockchain and bitcoin In the last article we discussed in short SHA256 and its history, as well as a short introduction to the technology. We can't talk about bitcoin and mining without mentioning another key pillar of this industry and that's Blockchain! Blockchain is a decentralized...

Thanks bud! Hopefully a few people will enjoy them and learn something

I thought I would begin a series of posts with interesting facts about bitcoin mining and some of its many components. I think its very interesting how everything came together and how existing ideas and technologies were used with new ideas. I hope you all enjoy! SHA256 The National Security...

Mining can be worth it but it does depend on many factors that U.K. out market relate to energy cost, hardware cost vs profits made. If you are fortunate enough to run renewable energy or have low energy costs then yes there is a break even point, and even a profit margin to be made. You have to...

are you disconected from the internet when it occurs?