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Dinarcek Crypto Coin WordPress Theme - Dinarcek Crypto Coin WordPress Theme
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    • Home Default
    • Home Grid
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    • Home Minimal
    • Home FullWidth
  • Features
    • Standard Post
    • Gallery Post
    • Video Post
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  • Blog
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Bitcoin Blog

How block-chain works

September 16, 2017 No Comments
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Best known as the immutable database that runs underneath cryptocurrencies like Bitcoin and Ethereum, blockchain is poised to play a critical role in every industry imaginable as businesses seek ways to cash in on the distributed ledger technology’s promise of enabling a “trustless” consensus to validate transactions.

Earnings in the past year

Smart miners need to keep electricity costs to under $0.11 per kilowatt-hour; mining with 4 GPU video cards can net you around $8.00 to $10.00 per day (depending upon the cryptocurrency you choose), or around $250-$300 per month.

Chart shows our earnings in the past year.

Financial transactions are typically guaranteed by a trusted third party (such as PayPal) and blockchain can be used to automate that process, reducing overall costs by cutting out the middleman with autonomous smart contracts acting as trusted intermediaries between parties on the network.

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Reading time: 3 min
Written by: Dinarcek

Earnings chart

Exchange rates

1 BTC = 106421.8000 USD
1 BTC = 93990.4600 EUR
1 BTC = 1123.44000 LTC
1 BTC = 41.9300000 ETH
1 BTC = 79442.6900 GBP
1 BTC = 165359.0200 AUD
1 BTC = 147768.8800 CAD

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Ethereum rates

1 ETH = 2538.27000 USD
1 ETH = 2241.29000 EUR
1 ETH = 26.7900000 LTC
1 ETH = 0.02385000 BTC
1 ETH = 1894.28000 GBP
1 ETH = 3953.37000 AUD
1 ETH = 3540.97000 CAD

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Dinarcek is a blog about cryptocurrency, especially about Bitcoin. All you need to know about blockchain tech, crypto-trading, mining, and more.

Popular Posts

Everything you need to know about mining

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September 20, 2017
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