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Tolarcek Crypto WordPress theme - Tolarcek Crypto WordPress theme
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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: Tolarcek

Bitcoin Exchange rates

1 BTC = 22785.4700 USD
1 BTC = 21127.0300 EUR
1 BTC = 237.810000 LTC
1 BTC = 14.0200000 ETH
1 BTC = 18893.5700 GBP
1 BTC = 32869.9700 AUD
1 BTC = 30522.0700 CAD

Earnings chart

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Ethereum rates

1 ETH = 1625.46000 USD
1 ETH = 1506.88000 EUR
1 ETH = 16.9600000 LTC
1 ETH = 0.07134000 BTC
1 ETH = 1347.82000 GBP
1 ETH = 2344.80000 AUD
1 ETH = 2182.23000 CAD

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

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Everything you need to know about mining

Everything you need to know about mining

September 20, 2017
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