block time Archives - Coin Guides

How many Bitcoins are mined per hour / day / month & how many left to mine?

coinguides — Wed, 03 Feb 2021 09:38:06 +0000

“Bitcoin Supply: How many Bitcoins are there?”. The number of Bitcoins in circulation. How many coins will ever be created? How many left to mine? and How many Bitcoins are mined in a day / week and month? These are some common questions among Bitcoin beginners. Recently we explained the supply of Ethereum. Likewise here …

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What Lock Time means in Bitcoin transaction: LockTime: Block height, Date?

coinguides — Wed, 06 Jan 2021 10:21:25 +0000

Upon constructing a Bitcoin transaction on electrum and core Bitcoin wallet you’ll find this option called Lock Time. On core wallet it gives an option to choose confirmation time target for your transaction. Whereas on electrum you can specify the block time and date. On most transactions you do not need to make use of …

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What is Bitcoin Reorg? Is it really possible to reorg Bitcoin blockchain?

coinguides — Thu, 09 May 2019 12:49:27 +0000

Binance, a leading cryptocurrency exchange has recently suffered a large scale security breach which resulted in a loss of 7000 Bitcoin. At current price its around 43 Million USD. Not sure whether if it is really got hacked or not; which is another story. But anyways Binance said that none of the users are affected …

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What are Block Rewards? How Bitcoin mining block rewards work?

coinguides — Mon, 25 Mar 2019 14:46:10 +0000

Previously on Coin Guides we’ve explained Bitcoin confirmations, Bitcoin mempool, Block height, transaction hash ID and many others. Here in this article we’re going to explain what a Block reward is and how the Bitcoin miners are rewarded for finding a block? This post applies not only to Bitcoin but any crypto currencies that are …

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Monero balance (locked) and unlocked balance in GUI & CLI wallet explained

coinguides — Sun, 25 Nov 2018 12:25:17 +0000

Monero (XMR) is a decentralized, private, secure and untraceable cryptocurrency that is freely available to everyone. There are many vendors accepting cryptocurrencies and Monero being a top privacy coin you can use it to buy goods and services. Unlike traditional currency; Monero remains completely in your control and in your wallet. You are your own …

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Skein PoW algorithm – Skein ASIC miner and list of coins based on Skein

coinguides — Sun, 18 Nov 2018 12:23:53 +0000

There are a large number of Proof of Work algorithms available but not all of the algorithms can be mined by a regular user. The profitability of mining an algorithm / coin depends on the kind of equipment that you intend to use. Some are CPU mineable; some are GPU friendly and some algorithms are …

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What is SUQA & how to mine SUQA? – Mining X22i algorithm (NVIDIA / AMD)

coinguides — Fri, 09 Nov 2018 12:54:41 +0000

It’s been so long since we made a coin mining guide. A lots of New altcoins are being announced on Bitcoin talk every single day. But not all of them seems promising. Most projects are just of clone of another coin that have no real value or vision. In such space finding a coin with …

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X11GOST Algorithm – SIBCoin ASIC miner & list of coins based on X11-Gost

coinguides — Tue, 30 Oct 2018 08:02:26 +0000

How to start mining and is GPU mining still profitable? is one of the common question new miners have. Yes, GPU mining is profitable and it will always be; only if you choose the right algorithm and coin. There are a large number of altcoins available currently. Mining some may be quite lucrative whereas some …

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What is Block Height in cryptocurrency? Blockchain height explained

coinguides — Wed, 10 Oct 2018 09:51:42 +0000

How many times have you come across this occurrence where the developer of a coin tells you to update wallets before a specific block height? Whether there is a minor update or there is a hard fork about to happen in the network; the development team first announces the block height at which the implementation …

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How to mine Merit? Cuckoo Cycle – MRT coin mining guide (CPU / NVIDIA)

coinguides — Mon, 17 Sep 2018 18:22:30 +0000

Merit is an invite only cryptocurrency that is decentralized and open-source. This cryptocurrency is focused on community, safety, simplicity and usability. One of the core innovation of this project is; its approach to mining. Merit coin strives to be approachable by all types of users including the ones that don’t have any mining equipment. To …

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