Bitcoin Mining explained with CryptoPreneur UK

Bitcoin Mining explained with CryptoPreneur UK
http://www.cryptopreneur.uk/2018/04/30/bitcoin-mining-explained-with-cryptopreneur-uk/

What is Bitcoin mining?
Bitcoin operates as a peer-to-peer network - this means that everyone who uses Bitcoin is a tiny fraction of the bank of Bitcoin.  But where do bitcoins come from? With paper money a government decides when to print and distribute money.

Bitcoin doesn't have a central government. With Bitcoin - miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine, and since miners are required to approve Bitcoin transactions more miners means a more secure Network.  

The Bitcoin network automatically changes the difficulty of the math problems depending on how fast they're being solved. In the early days Bitcoin miners solve these math problems with the processors in their computers - soon miners discovered that graphics cards used for gaming were much better suited to this kind of math.
Graphics cards are faster but they use more electricity and generate a lot of heat. The first commercial Bitcoin mining products included chips that were reprogrammed for mining bitcoin. These chips were faster but still power-hungry. ASIC or application-specific integrated circuit chips are designed specifically for Bitcoin mining.  ASIC technology has made Bitcoin mining even faster while using less power.  

As the popularity of Bitcoin increases more miners join the network, making it more difficult for individuals to solve the math problems to overcome this - miners have developed a way to work together in pools.  Pools of miners find solutions faster than their individual members and each miner is rewarded proportionate to the amount of work he or she provides.  Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe, and secure. For more information about Bitcoin mining visit bitcoinmining.com

Credits:
Voice - Chris Rice (www.ricevoice.com)
Motion Graphics - Fabian Rühle (www.fabianruehle.de)
Music/Sound Design - Christian Barth (www.akkord-arbeiter.de)
Andrew Mottl (www.andrewmottl.com)

For more information: http://www.cryptopreneur.uk/2018/04/30/bitcoin-mining-explained-with-cryptopreneur-uk/

https://youtu.be/I0KuOgqgub8

The Blockchain explained with CryptoPreneur UK

The Blockchain explained with CryptoPreneur UK
https://youtu.be/0pujD9E8hfc

CryptoPreneur has seen in the years to come, Blockchain, and the technology behind cryptocurrencies such as Bitcoin will certainly change the role of traditional reliable parties such as banks, auditors, notaries, and administrations.

The animated video about Blockchain and Bitcoin that was released by http://bitcoinproperly.org is the first to specifically address the technology behind Bitcoin: the Blockchain.

Within five minutes, it is explained how the essential functions of the “trusted third party” can be automatized through the Blockchain as well as what the implications of this are.

Within five minutes, it will explain how the essential functions of the “trusted third party” can be automated through the Blockchain as well as what the implications of this are.

Crypto currencies like Bitcoin are the next step in the emancipation of all world citizens, and can help create a new dynamic for democracy, society and economy.

https://youtu.be/0pujD9E8hfc
http://www.cryptopreneur.uk/Description

Omnia Tech Official Video Presentation with CryptoPreneur UK

OMNIA Tech Official 7 Minute Video Promo

CryptoPreneur.UK presents a unique strategy for anyone to get started easily.

http://www.cryptopreneur.uk/what-we-o...

Our mining service is not only designed for large scale investors, but also for those who are new to the world of cryptocurrency. We provide lifetime mining services for Bitcoin and alternative cryptocurrencies in our mining catalog with no “open-ended” contracts. We are a group of professionals who possess years of experience in this sector since the inception of Bitcoin. We have a scalable infrastructure that is secure and fully optimizable, capable of meeting the needs of emerging cryptocurrencies.


Following two days of near sideways trading, bitcoin prices have once again reached record levels.

Since setting its most recent all-time high of $4,483 on August 15, prices have fluctuated in the $4,000–$4,200 range until starting to rise once again Wednesday afternoon.

This morning, however, after a slight drop early on at 3 a.m. UTC, vigorous trading has seen the price of the crypto asset rapidly climb to a new high of $4,501 at around 11 a.m. UTC.

At press time, the price stood at $4,495 – a 1.58 percent gain for the day so far, according to CoinDesk's Bitcoin Price Index.

Bitcoin's market capitalization now stands at over $73 billion, up from $68 billion two days ago.

Looking at wider market, the combined market cap for all cryptocurrencies has also reached a new all-time high of $144.7 billion, according to CoinMarketCap.

The world’s largest Ethererum Mining farm, which is specifically built to support the Ethereum Project: A decentralized platform that runs smart contracts. Cryptocurrency applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

http://www.cryptopreneur.uk/

The birth of Cryptopreneur.UK

The birth of Cryptopreneur.UK

Hello and welcome to Cryptopreneur.UK! 

We aim to educate, advise and inspire through the platform of crypto currency mining.  Through this platform you’ll understand why crypto currency mining makes sense - why buy pre-mined coins at market price when you can create the same coins at cost price! 

About Rajen Ladwa

At the beginning of my career, I worked for Mercedes-Benz Financial Services UK Ltd.  After working within the business, I moved into the IT space working for a global service provider.  I held various Service Management roles during my time.  I became intrigued about Crypto currency and wanted to learn more.  I did not want to miss out on any potential opportunities.  How could I do this?  By reading, speaking with leaders within the industry and also attending events.  It was an eye opener.

I went on to learn more about Bitcoin, altcoins, block chain technology and the numerous possibilities.  Having purchased some crypto currency via popular exchanges (which charged considerable fees), I soon understood that the best way to acquire crypto currency is through mining.  On the site you will find details of our mining offer and other pertinent information.

I hope you enjoy the site and the content we offer.  Should you have any queries or wish to learn more then I would be delighted to hear from you, via any of the channels available on this site.

Best regards,

Rajen Ladwa (founder of Cryptopreneur.UK)

info@cryptopreneur.uk

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