Blockchainmines

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3 selected videos

Bitcoin Mining Pools in China are too Big putting the Blockchain in a fragile state - Please Watch!

The importance of mining with a pool that shares the transaction fees has become increasingly relevant as the network has become more congested and people have had to pay more to get their payments confirmed. Not only that 72% of the bitcoin network resides in China behind the great firewall. It is time for all miners to redirect your hashing power to pools outside of China and to pools that share their transaction fees. Lets break up these whales and make bitcoin a true P2P currency again.

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Related topics : bitcoin mining pool transaction fees

July 2016 Bitcoin Block Reward Being Halved from 25 coins to 12.5 coins

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Bitcoin Era 3 is upon us this July and the Reward for miners who find a block will get cut in halve yet again down to 12.5 btc from 25 btc and will hold there for the next 4 years. This is all by design to maintain the finite amount bitcoin that capped at 21 million coins

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Related topics : bitcoin amount of coins

Bitcoin Mining Farm 100 Amp 3 Phase (300 amp total) Electrical Sub Panel

This shows my Dedicated 3 phase sub panel and dedicated 20 amp outlets for my Bitcoin miners.

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Related topics : bitcoin mining farm