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Sunday 13 September 2015

Mining Bitcoin {Post-17}



Anybody can mine bitcoins, there is a lot of material available online which
can guide you through your choice of hardware and software. We’ve gone through some of them to curate all the methods and the time taken to generate bitcoins with each of them. First, we will look at the different hardware
that is available in the market for mining bitcoins. There are different types of hardware available in the market. You can
use your ordinary computer [or your super-awesome-rig, whatever you call it] to mine or you can purchase specialized hardware made for mining and nothing else. The hash calculation process is very simple but the sheer volume of calculations is quite taxing on the system. We have four popular options on a broad scale. Along with each hardware type will be a chart detailing different models of each hardware available in the market and the hash rate it offers in MHash/second(higher is better).

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