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ahmed-dz
Posts: 2
Joined: Fri Jan 06, 2017 7:56 pm

Mining VS Internet speed

Mon Jan 09, 2017 9:59 pm

Hello

I apologize that the inquiry was not in the right place

But I want to know Do you play internet speed I have an important role in the mining process ???
What is the speed of the Internet, which must be available for I have mining capacity 100TH / second ????

Rmcdermott927
Bronze Bitcoiner
Bronze Bitcoiner
Posts: 590
Joined: Tue Sep 20, 2016 7:32 pm

Re: Mining VS Internet speed

Tue Jan 10, 2017 3:37 am

Hello

I apologize that the inquiry was not in the right place

But I want to know Do you play internet speed I have an important role in the mining process ???
What is the speed of the Internet, which must be available for I have mining capacity 100TH / second ????
Internet speed and bandwidth is not really related to hashing power. Mining started as CPU mining then evolved to specialized devices called FPGA's, and now ASICs.

These ASICs have processor cores specifically designed for SHA256 hashing.

When solo mining, all work is done locally and only when a block is found is the solution transmitted across the Bitcoin network.

When mining in a pool, miners work on "shares" which are essentially smaller targets than the current Bitcoin difficulty and only serve to prove the amount of work each miner has done for payment purposes.

Network usage in both cases is minimal.
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