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  2. ESEA League - Wikipedia

    en.wikipedia.org/wiki/ESEA_League

    On May 1, 2013, a user reported that the ESEA's anti-cheat software was being used to mine bitcoins without the user's consent. This was confirmed by ESEA's co-founder Eric 'lpkane' Thunberg in two subsequent forum posts. As of the date of discovery, the claimed dollar value of bitcoins mined totaled $3,713.55.

  3. Bitcoin protocol - Wikipedia

    en.wikipedia.org/wiki/Bitcoin_protocol

    A diagram of a bitcoin transfer. The bitcoin protocol is the set of rules that govern the functioning of bitcoin.Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and ...

  4. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    The domain name bitcoin.org was registered on 18 August 2008. [14] On 31 October 2008, a link to a white paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list. [15] Nakamoto implemented the bitcoin software as open-source code and released it in January 2009. [6]

  5. GPU mining - Wikipedia

    en.wikipedia.org/wiki/GPU_mining

    GPU mining is the use of Graphics Processing Units (GPUs) to "mine" proof-of-work cryptocurrencies, such as Bitcoin. [1] Miners receive rewards for performing computationally intensive work, such as calculating hashes , that amend and verify transactions on an open and decentralized ledger.

  6. List of bitcoin companies - Wikipedia

    en.wikipedia.org/wiki/List_of_Bitcoin_companies

    ASIC based bitcoin miners [citation needed] Circle: 2013 United States: Boston: wallet provider [citation needed] Coinbase: 2012 United States: No headquarters [4] [b] wallet provider, bitcoin exchange [citation needed] Coincheck: 2014 Japan: Tokyo: bitcoin/ether exchange, wallet provider, payment service provider, donation-based bitcoin ...

  7. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    Mining hardware is improving at a fast rate, quickly resulting in older generations of hardware. [255] Bitcoin is the least energy-efficient cryptocurrency, using 707.6 kilowatt-hours of electricity per transaction. [256] Before June 2021, China was the primary location for bitcoin mining.

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    mail.aol.com

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  9. Proof of work - Wikipedia

    en.wikipedia.org/wiki/Proof_of_work

    Proof of work was later popularized by Bitcoin as a foundation for consensus in a permissionless decentralized network, in which miners compete to append blocks and mine new currency, each miner experiencing a success probability proportional to the computational effort expended.