CryptoURANUS Economics: Virgin Bitcoin: Defined in CryptoCurrency

CryptoCurrencies


Saturday, August 11, 2018

Virgin Bitcoin: Defined in CryptoCurrency

Virgin Bitcoin: Defined in CryptoCurrency



Virgin bitcoin is an amount of brand new bitcoin created by a computer that was mining. 

Mining is a computer process of recording and verifying information on the digital record known as the blockchain.

In bitcoin and other cryptocurrencies, mining also requires computers compete with each other to solve a complicated math problem.

A reward is given to the computer that solved the math problem first and this is known as virgin bitcoin.

A Bitcoin that has been received by a miner as a block reward, and thus has never been “spent” before. There is no benefit to a Bitcoin being a virgin Bitcoin.

23 comments:

for ict 99 said...

Great Article
Cyber Security Projects for CSE Students
Project Centers in Chennai



JavaScript Training in Chennai
JavaScript Training in Chennai

Useful Talk said...

Best way to use bitcoin anonymously is to use a good dark web wallet with integrated bitcoin mixer like for example:
http://mixbitw5m5zh4m7u.onion/
Or http://mixerpkpxev6qruk.onion/
(Tor browser from torproject.org needed to access .onion sites)

Akseosolutions said...

Thanks for sharing us. Hourly Profits

ideasweb said...

Thanks for the blog loaded with so many information. Stopping by your blog helped me to get what I was looking for. bitcoin profit app

Asim Qureshi said...

You make so many great points here that I read your article a couple of times. Your views are in accordance with my own for the most part. This is great content for your readers. Bitcoin Revolution App

Faiza Jee said...

I would like to say that this blog really convinced me to do it! Thanks, very good post. visit site

Asim Qureshi said...

I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post. Bitcoin Revolution Review

Mehak Khan said...

I was reading some of your content on this website and I conceive this internet site is really informative ! Keep on putting up. How to earn bitcoin online

Muhammad Rafey said...

Very nice article, I enjoyed reading your post, very nice share, I want to twit this to my followers. Thanks!. ethereum chile

Muhammad Rafey said...

Thanks for sharing us. ethereum generator

Muhammad Rafey said...

I was reading some of your content on this website and I conceive this internet site is really informative ! Keep on putting up. bitcoin brasil

Mohammad Bilal said...

What a fantabulous post this has been. Never seen this kind of useful post. I am grateful to you and expect more number of posts like these. Thank you very much. How to recover my stolen bitcoins

Muhammad Rafey said...

Wow i can say that this is another great article as expected of this blog.Bookmarked this site.. btc to skrill

seo pormotion said...

I admire this article for the well-researched content and excellent wording. I got so involved in this material that I couldn’t stop reading. I am impressed with your work and skill. Thank you so much. Bitmain antminer S19 Pro price

Anonymous said...

Amazing post with quality information! Many wonder, how to recover stolen or scammed Bitcoin? Hire a bitcoin recovery expert online

Muhammad Rafey said...

Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. crisis social

Muhammad Rafey said...

Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. 저렴한 웹 호스팅

Muhammad Rafey said...

A very awesome blog post. We are really grateful for your blog post. You will find a lot of approaches after visiting your post. 借錢網

Muhammad Rafey said...

Great job for publishing such a beneficial web site. Your web log isn’t only useful but it is additionally really creative too. Bitcoin to PayPal

James said...

For the state-oriented economies, Bitcoin and its competitors offer greater freedom, monetary security, entrepreneurship opportunities, transaction security, and privacy. accept bitcoin

Muhammad Hassan said...

That is really nice to hear. thank you for the update and good luck. how to track and recover stolen bitcoin

SHAHZAIB said...

It is a fantastic post – immense clear and easy to understand. I am also holding out for the sharks too that made me laugh. Bitcoin Stock Alert

SHAHZAIB said...

Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful to me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! CryptoMixer

Anti-AdBlocker

Search This Blog