Bitcoin mining bandwidth
Posted On 13.06.2017
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Since its creation, Bitcoin has been infiltrating the financial world on more then one level. However, we are still far from total adoption, as the ideal would be for Bitcoin to be just another currency we use in our normal financial dealings. The main brains behind the concept are Andrew Donley, Chris Smith and Chris Lunoe, who initially only messed around by creating a meshnet over a single weekend. Following the brilliant idea, a working prototype that one can easily install on a Raspberry Pi was released a few months ago.
Like tourists spending a few in a foreign country, for example. Now, any client can quickly use Bitcoin anywhere in the world and have internet available immediately. There are also no contracts or other financial commitments one has to agree to before using the service, making it ideal for those who hate giving out personal information. Another big perk is that clients do not have to purchase any fancy tech equipment. This is a big step for cryptocurrency: even though investors are already familiar with Bitcoin type investments, the concept can rapidly expand if tycoons from other technology fields start showing interest and put their money where their mouths are.
Antonopolous, security expert and host of the podcast series Let’s Talk Bitcoin, is another interested investor. Bitcoin Video Crash Course Join over 94,000 students and know all you need to know about Bitcoin. One email a day for 7 days, short and educational, guaranteed. We hate spam as much as you do. You can unsubscribe with one click. How can this work with most ISP’s specifically not allowing the reselling of Internet bandwidth, in their TOS? A section and I’ll do my best to respond within 24 hours.
Bitcointalk I know there was talk in the past about internet bandwidth while mining, hence the reason for new protocols. What are the bandwidth requirements of a mining rig . Does bitcoin mining need a lot of internet bandwidth . I’m going to be a bitcoin miner and my question is does it require a lot of internet bandwidth to mine with a pool ? I’m gonna use guiminer with slush’s pool I have 1MB dsl is it enough ?