Bitcoin mining is a process that makes transfers of
bitcoins between peoples around the world. And also to put new bitcoins in the network.
To make a bitcoin transfer is needed that a lot of computers around the world that do bitcoin mining to confirm this command that is given by a person to other, and in this way is how bitcoin transfer works.
So is impossible to manipulate bitcoin transfer To do this process is needed a mini hardware computer to do this job and an internet connection. In 2017 and earlier was every computer can do this job, but now things have changed, and you can use only this type of Hardware.
- AntMiner S7 that it costs about 480$ and has an advertised capacity about 4.73 Th/s.
- AntMiner S9 - it costs about 2000$ and has an advertised capacity about 13.5 th/s.
- Avalon 6 - it costs about 450$ and has an advertised capacity about 3.5 Th/s.
If you want to buy one of this hardware, you have to calculate:
How much electricity spend (cause this device will stay on 24 hours a day), and how much you earn.
Maybe in your country electricity is more expensive than the money you will make with this device.
Another method is by buying host Th/s and GHz onine.
You pay a price and buy a space to make bitcoin mining and, for every transaction of bitcoins you earn by commissions of this transfer.
But you have to invest some money if you really want to make some money.
But...what I think about bitcoin minig.?????
I think to invest money on this process is a 50% dangerous, cause bitcoin value change really fast (remember bitcoin value was 19k % and now is bellow 10k %), so you maybe cant make money but the worst, you can lose your money.
Which are best hosts for bitcoin mining?
1 - Hashflare is one of the best that offers best prices and SHA-256 mining, you must purchase at least 10 GH/s. You can also calculate how much you will earn and how much to buy.
2 - sun-mining .com is another website that offers bitcoin mining.
There are many websites that offer bitcoin mining, but you have to be careful which one you choose.