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Bitcoin Asic Miner -Contract Popular Q&A

Q: What is a bitcoin-miner?
A: Bitcoin miners are people who perform computations that secure the transactions in the Bitcoin block chain. In exchange, they are rewarded with transaction fees... Read More »

Q: What will the Bitcoin hash rate likely be once ASICs are widespre...
A: We know that BitPay processed at least $250k worth of BFL ASIC pre-orders in a single day: BitPay Shatters Record for Bitcoin Payment Processing There are othe... Read More »

Q: How much money do Bitcoin miners make?
A: I decided to mine one bitcoin with my spare computer to see how it all works.  I am part of "slush's pool" and running GUIminer on windows. When I shut down eve... Read More »

Q: BitCoin Miners, what are they for?
A: BitCoin miners secure the BitCoin system by extending the BitCoin hash chain and also publish new transactions to prevent double spending. The way BitCoins are ... Read More »

Q: M working on a public (community) pcb for a bitcoin and altcoins ...
A: Interesting, but I can't see the value of converting to those exotic digital currencies, where I have no idea of what its value will be tomorrow or a week from ... Read More »