Cryptocurrency Q&A
What is the formula for Bitcoin mined?
What is the formula for Bitcoin mined?
Lorenzo
Thu Nov 28 2024
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6
answers
1458
I want to know the specific formula or algorithm that is used in the process of mining Bitcoin. I'm curious about the technical details behind how Bitcoin is generated through mining.
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6 answers
Valentina
Sat Nov 30 2024
It considers multiple factors to determine the outcome.
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Tommaso
Sat Nov 30 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet. Its platform is designed to cater to the needs of cryptocurrency miners and traders.
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Maria
Sat Nov 30 2024
The block reward plays a crucial role in this equation.
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Carolina
Sat Nov 30 2024
It represents the sum of the block subsidy and the average transaction fees per block.
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CharmedFantasy
Sat Nov 30 2024
Another important component is the hashrate.
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