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D-Central's Articles

D-Central's Flexible Bitcoin Mining Offers. Together, We Make Bitcoin Mining Greener And More Profitable For Canadians.

Can Bitcoin Miners force Invalid Blocks?

When it comes to Bitcoin, there is a lot that people still don’t know how it works. On the surface, Bitcoin can look like a chain of time-stamped blocks; however, it is much more than that. Everyone needs to understand how Bitcoin is a network because it will make the

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Bitcoin Mining – Is it a waste of electricity?

Bitcoin uses a significant amount of energy to conduct mining. In fact, the amount of energy consumed for electricity is similar to all that the nation of Denmark uses. The question has become, is it a waste of electricity? Bitcoin uses energy that directly converts to money. Can any other

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What is Hashing?

So you heard the term hashing, but unless you have a background in computer science, you probably aren’t quite sure what that means. Let’s take a look at hashing in terms of cooking. When we hash something for example, like hash browns, we are chopping up potatoes and mixing them

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Cryptopsychology and Bitcoin Mining

In December of 2017, Bitcoin reached its highest price ever at $19,783. The year of 2017 was a wild ride because Bitcoin started that year at around $1,000. Investors who bought Bitcoin at the beginning of 2017 and sold it at its peak made nearly twenty times their investment. However,

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Cryptomining Is Bringing Business to Rural Areas

There have been a lot of changes in the global economy during the past few years and one of the biggest adjustments has been the development of something called cryptocurrency. Of this field, Bitcoin is leading the way. For those who might not know, Bitcoin is a digital, virtual currency that

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Colocation in Cryptomining

When crypto mining started, it was mostly individual crypto miners using their small mining set up known as the “mining rig”. These were mostly located at their home. These individual mining rigs used CPUs (computer processing units) or GPUs (graphic processing units) to generate enough computer processing power required to

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The World of Crypto Mining Hosting

To understand the world of crypto mining it helps by starting with the basics that include an explanation of blockchain technology, how the mining of a cryptocurrency works, and descriptions of the various mining strategies that are possible. Blockchain Basics All cryptocurrencies rely on blockchain technology. The original cryptocurrency is

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Avoid Cloud Mining Scams

The growth of cryptocurrency and blockchain continues to attract the attention of investors and anyone interested in this business. There are many people who want to make money with cryptocurrencies like Bitcoin. Nowadays, cloud mining is considered to be one of the strategies for making profits. However, investing in cloud

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How Mining Pool Rewards Work?

Every mining pool is different in regard to the ways through which it rewards its members. It is best to choose a mining pool that will best fit your preferences. However, such a task could be challenging, especially in a case where you do not know much about the bitcoin

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The story behind digital currency mining

Digital currency mining involves the addition and verification of cryptocurrency transactions, which are then added to the blockchain digital ledger. The cryptocurrency miner has the sole responsibility of ensuring that the information offered is authentic and is updated with the blockchain digital ledger. This process has expanded exponentially over the

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