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Dinarcek Crypto Coin WordPress Theme - Dinarcek Crypto Coin WordPress Theme
  • Home
    • Home Default
    • Home Grid
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    • Home FullScreen Slider
    • 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 = 106449.3900 USD
1 BTC = 94024.3200 EUR
1 BTC = 1125.14000 LTC
1 BTC = 41.8500000 ETH
1 BTC = 79433.7500 GBP
1 BTC = 165242.4200 AUD
1 BTC = 147853.5800 CAD

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Ethereum rates

1 ETH = 2543.09000 USD
1 ETH = 2246.71000 EUR
1 ETH = 26.8800000 LTC
1 ETH = 0.02389000 BTC
1 ETH = 1897.74000 GBP
1 ETH = 3950.02000 AUD
1 ETH = 3536.69000 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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