Binance Square
Elizabet Klass MYQf
my name is ab wajid
Following
Followers
Liked
Shared
All Content
--
Bullish
ok
ok
Technical Trading
--
How Long Does Miners Take to Mine 1 Bitcoin?🤔
Mining 1 Bitcoin depends on the miner's computer power, electricity costs, and the difficulty of the Bitcoin network. On average, it takes 10 minutes to mine 1 block, which rewards 3.125 Bitcoins. However, this time is for the entire network working together, not for a single miner. Miners often join groups (called pools) to combine their power and share the rewards, as mining alone is very difficult.
For a single miner, the time to earn 1 Bitcoin can vary. If the miner uses strong machines like ASIC miners, they might mine a Bitcoin faster, but with low power, it could take months or even years. This happens because a miner’s chance of solving a block depends on their computational power compared to the entire network. Most miners rely on pool rewards to earn small portions of Bitcoin regularly.
what you think about this? don't forget to comment.
Follow for more information 🙂
See original
$ETH $BNB ok
$ETH
$BNB
ok
Word of the day 28-11 Binance TH Lands Global Certifications, Showcasing the Platform’s Security And Privacy Excellence #BSCOnTheRise {future}(ADAUSDT) https://s.binance.com/D23mYRdQ https://s.binance.com/D23mYRdQ
Word of the day 28-11

Binance TH Lands Global Certifications, Showcasing the Platform’s Security And Privacy Excellence
#BSCOnTheRise

https://s.binance.com/D23mYRdQ
https://s.binance.com/D23mYRdQ
See original
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

Haris Amuthe
View More
Sitemap
Cookie Preferences
Platform T&Cs