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Showing posts from January, 2014

DIY Bitcoin Mining: Hardware (part1)

E.P.O.D Convergence is an  occurrence of two or more things  coming together. Ecknowledgy Energy.Computers.Knowledge       Mining Bit coins turns a computer into your employee. Anybody can become a Bitcoin miner by running software with specialized hardware. Mining software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created bit coins issued into existence according to a fixed formula.  NO DEGREE REQUIRED .