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If you're only interested in owning litecoin, you should probably buy it from an exchange such as Coinbase. If, on the other hand, you want to try your hand at mining litecoin - because you think you have the time and resources necessary to make a profit, because you want to help keep the litecoin network decentralized, or out of a sense of curiosity - this guide will give you a sense of the concepts, an introduction to the vocabulary, and suggestions for further research. компьютер bitcoin The specific setup options will vary depending on the model of ASIC miner you are using. The manufacturer should detail exactly how to do this in their user manual or on their website. The following guide is specific on how to mine Bitcoin with the Antminer S9 unit on the Antpool. 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This is like saying you believe in airplanes but you’re not sure about the wings; and there’s a good chance that anyone who thinks that may not understand either. In reality, bitcoin and its blockchain are dependent on each other. However, if new to bitcoin, understanding how it works and parsing the landscape can be incredibly difficult. Frankly, it can be overwhelming; given the complexity and sheer volume of projects, who has the time to possibly evaluate everything? There is in fact a manageable path but you have to know where to start. While there are seemingly thousands of cryptocurrencies and blockchain initiatives, there is really only one that matters: bitcoin. 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There is a lot of fuss over cloud mining because many bitcoiners think it is a scam, which it very well could be. wiki bitcoin доходность bitcoin tether iphone bitcoin автоматически сеть bitcoin 1024 bitcoin ethereum курсы bitcoin криптовалюта китай bitcoin государство bitcoin com bitcoin knots презентация bitcoin 100 bitcoin alpari bitcoin trade cryptocurrency polkadot su падение bitcoin avalon bitcoin anonymous tether перевод mine ethereum 2016 bitcoin майнить bitcoin книга bitcoin алгоритмы ethereum капитализация bitcoin ethereum stratum bitcoin genesis bitcoin weekly проекта ethereum monero пул poker bitcoin валюта bitcoin bio bitcoin минфин monero форум hacker bitcoin youtube datadir bitcoin tm Click here for cryptocurrency Links How Do Bitcoin, Litecoin, and Other Coins Work? Cryptocurrencies use a technology called blockchain, which is essentially a database that contains a record of all of the transactions that have taken place on it. The blockchain is decentralized, which means that it isn't hosted in one particular location and therefore can't be easily hacked. Each transaction must be checked several times before it's approved and published on the public blockchain. This hack-resistant technology is one of the reasons why Bitcoin and other coins have become so popular. They’re typically incredibly secure. Cryptocoins are assigned to wallet addresses on their respective blockchains. Wallet addresses are represented by a series of unique letters and numbers and currency can be sent back and forth between these addresses. It's quite similar to sending an email to an email address. To access the wallets on the blockchain, use a special app or hardware wallet device. These wallets can display and access the contents of the wallet although they don't technically contain any currency. Access to a lost wallet can usually be regained by entering a series of security words or numbers that were created during the setup process. If these codes are lost as well, then the access to the wallet and any funds associated with it will remain inaccessible. Because of the decentralized nature of cryptocurrency technology, there are no customer service contacts that can reverse transactions sent to an incorrect address or grant access to a wallet if the owner is locked out. You're solely responsible for your cryptocoins. Why Do People Like Cryptocurrencies? In general, most owners of Bitcoin and other coins are attracted to the technology because of its cheaper and faster transactions and for the huge investment potential. All cryptocurrencies are decentralized, which means that their value, in general, won't be affected negatively by any country's status or any international conflict. For example, if the United States entered a recession, the U.S. dollar would likely decrease in value but Bitcoin and other cryptocurrencies wouldn't necessarily be affected. That's because they're not tied to any political group or geographical area. This decentralization is partially why Bitcoin has become so popular in countries that are struggling financially, such as Venezuela and Ghana. Crypt...