Tag «cryptocurrency market size»

Senior Business Editor Cyrus Farivar has covered the basics here, and once you’ve read through that chunk, you’ll have some idea what your pc is doing to “mine” coins, how cryptocurrency transactions are tracked and verified, and a little about “scrypt,” the hashing algorithm used by Arscoin, Litecoin, and others.

Everything you need to know to mine Arscoins with your CPU or GPU. A few weeks ago, when our own “Arscoin” cryptocurrency wasgoed very first minted, it looked like Senior Reviews Editor Lee Hutchinson would control the majority of the coins. He began mining early, and he has a crowd of Linux servers sitting ter …