Miners secure the Bitcoin network. They do this by making it difficult to attack, alter or stop. The more miners that mine, the more securethe network. The only way to reverse Bitcointransactions is to have more than 51% of the network hash power.
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Miners secure the Bitcoin network.they do this by making it difficult to attack,alter or stop.The more miners that mine, the more secure the network.The only way to revers Bitcoin transactions is to have more than 51 percent of the network hash power.Miners secure the Bitcoin network. They do this by making it difficult to attack, alter or stop. The more miners that mine, the more securethe network. The only way to reverse Bitcointransactions is to have more than 51% of the network hash power.
But instead of back-breaking labor, you earn the currency with your time and computer processing power. “Miners”, as they are called, essentially upkeep and help secure Bitcoin's decentralized accounting system. ... In return, they earn Bitcoins, as well as transaction fees.Mining is a really important process to secure the network and for sure operate a secure for our network payments, so Mining has a big influence to keep Bitcoin safe.
what do you think!
Bitcoin mining is a process of creating bitcoin through the block chain network by a set of blockchain experts known as miners. I do not think mining has anything to do with securing bitcoin, mining only creates and makes bitcoin available for people but about securing it, I am not sure it does.Mining is a really important process to secure the network and for sure operate a secure for our network payments, so Mining has a big influence to keep Bitcoin safe.
what do you think!
But instead of back-breaking labor, you earn the currency with your time and computer processing power. “Miners”, as they are called, essentially upkeep and help secure Bitcoin's decentralized accounting system. ... In return, they earn Bitcoins, as well as transaction fees.Miners secure the Bitcoin network. They do this by making it difficult to attack, alter or stop. The more miners that mine, the more securethe network. The only way to reverse Bitcointransactions is to have more than 51% of the network hash power.
Ok.... That Is true... I believe continuous mining also increase the amount of bitcoin into the market and when supply is more than demand the price will be affected. don't we think mining can depreciate the price.Mining is a really important process to secure the network and for sure operate a secure for our network payments, so Mining has a big influence to keep Bitcoin safe.
what do you think!