Sentence examples for mine for bitcoin from inspiring English sources

But very few people bother to mine for bitcoin.

Banking regulators will need to step in (after hiring some computer whizzes).Your network, or mine?For Bitcoin itself, the biggest risk is not regulation but competition.

Bitmain is best known for its 'Antminer' devices — which allow the owner to mine for Bitcoin and other cryptocurrencies — and that accounts for most of its revenue: 77percentt in 2016, 90percentt in 2017, and 94percentt in the first half of 2018.

Creative computer engineers could mine for bitcoins; anyone could buy them.

Anyone can mine for bitcoins by downloading software, known as the bitcoin client, which algorithmically crunches a bunch of numbers to legitimize or authenticate a sequence or "block" of past bitcoin transactions.

That could earn up to $50,000 a month – but such an investment is speculating, not only on the price of Bitcoin, but also on the number of other people trying to mine for bitcoins.

The trojan hijacks a victim's machine and makes it mine for Bitcoins on the attacker's behalf.

The alternative is to just buy specialty hardware designed to do nothing but mine for Bitcoins.

That's generally reserved for special mining computers that do nothing BUT mine for Bitcoins using custom encryption processors.

If I was a patient man, I could leave my computer to "mine" for BitCoins, using its processing power to slog away at the coalface of the BitCoin economy, crunching blocks of encrypted data in exchange for virtual coins like the world's most tedious version of Super Mario Bros.

It was possible to mine for bitcoins on your home computer; today, you'd be competing with large-scale bitcoin mining farms in China that spend over $80K on electricity alone each month.