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The Correct Way of Computing Mining Profitability

Prospective miners must learn the proper way of computing crypto-currencies’ mining profitability. There are numerous mining calculators with different formulas. Mining calculators have made computations easier so you need not be a wizard in mathematics to calculate profitability. However, consider the following formula which looks very convoluted: X = Hashes per second Y = Difficulty Z = Log base…

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Transactions

Making transactions with Bitcoin is a breeze most of the time. There are some common problems that you can run into, but we will get to that later on. For now, let's focus on the things that you need to know to make your first Bitcoin transaction. Wallets Each and every Bitcoin wallet out there is…

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