Charlie Lee came to Google last week to talk about how he designed the cryptocurrency, Litecoin. Charlie is an ex-Googler &, ex-Director of Engineering at Coinbase. I took notes from his talk that you can find below:
- Open source fork of BTC
- Four x number of coins (84 mn LTC)
- block confirmation time — Two.Five mins
- Scrypt proof of work (Bitcoin uses SHA256 for hashing) — “Silver to Bitcoin’s Gold”
- Launched October 13, 2011
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This postbode is ter a way connected to the Mining wind verhouding Idrija or more accurately to the Idrija mercury mine (located ter the western part of Slovenia). I wasgoed writing about that a few posts back.
Do you want to know how mercury is extracted from ore?
Well. I’m gonna tell you anyway. ,)
This article or tutorial is unluckily not intended spil an instruction manual for making a profit with cryptocurrency using rented machines under any circumstances, certainly not with AWS instances (which is what wij will be using spil an example here). Besides, you don’t want Mr. Bezos knocking on your voort for his share of mining profits (always read the fine print). Read More
Photo Credit: ezthaiphoto/123RF
So, you have determined to mine Bitcoin and other cryptocurrencies and you began researching. During your research, you learned that you will need to spend a lotsbestemming of money to buy the equipment spil well spil to keep it te a good condition. Naturally, you began having 2nd thoughts on mining work, asking yourself is it indeed worth the money. Read More
Most convenient and efficient way to mine Ethereum
Commence mining today without the hassle of buying and maintaining expensive hardware and equipment. Wij do the work for you without any reserve charges. Our objective is to provide everyone a chance to build up maximum profit on investments.
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Bitcoin is the very first decentralized currency ter the world and it attracts more and more attention overheen the last duo of years. Bitcoin functions with the help of blockchain technology, which itself bases on the chain of transactions blocks. The information about those transactions updates at all devices ter the world at the same time. Read More
Como classificas a mineradora EOBot?
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EOBot Estado dos Pagamentos: A PAGAR
O EOBot e uma empresa den mineracao em nuvem (cloud mining) den criptomoedas – ou usando outro termo, “quinta den mineracao” (mining farm). Read More