1 sat \ 0 replies \ @lambinash37 2 Jul 2023 \ parent \ on: Is it possible to live without a bank? bitcoin
Cash is fiat, fiat=bad, very bad.
0 sats \ 0 replies \ @lambinash37 OP 2 Jul 2023 \ parent \ on: How does bitcoin mining work? bitcoin
How do you feel about NiceHash? I noticed something at the latest bitcoin conference in Nashville and was looking into joining their sharepool, I have been stacking sats on fountain for a while now. After listening and earning, I am definitely interested in the mining as well. Thank you for the sharepool ideas below as well!
0 sats \ 3 replies \ @lambinash37 OP 2 Jul 2023 \ parent \ on: How does bitcoin mining work? bitcoin
Hey thanks for the link, I just signed up for the free course. I do understand that Lightning works on micro transactions and uses little energy, while mining a bitcoin needs a lot of energy to do so, and some bitcoin blocks in the layer-1 are huge and could take years to complete. That much I get, but I’m really interested in how to get started and how to mine, and if it’s possible to mine portions of coins or do you have to mine an entire coin to “claim your prize”. Some blocks are worth 6 btc while others are more and worth less. Is it possible to mine fractions of btc as well or will it always be multiples of 1?
GENESIS