Bitcoin miners run Bitcoin mining software that solves mathematical problems — imagine a computer completing a really complicated puzzle/. But it's actually relatively easy to understand the concept. Mining cryptocurrency is the act of trying to compute a specific hash value by producing. Duration: 7:06.

Additionally, ASICs and FPGA miners are more efficient compared to CPU and GPU miners. The BitmainAntminer S9 is the most efficient miner. Out of all the Bitcoin mining hardware on the market. Best Overall: CGMiner. Buy on Github.com. CGMiner has been around for a while and is still going strong.

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