wafflepool.com - An auto switching scrypt coin mining pool
WafflePool is a multi-coin (scrypt) mining pool. Point your miner to WafflePool with a Bitcoin address as your username, and we take care of automatically mining the most profitable coin at all times, converting the earnings from each coin into Bitcoins, and paying you out in bitcoins! Mining alt-coins and converting to bitcoin is very often orders of magnitude more valuable than mining Bitcoin directly! No registration, no hassles, just point and start getting paid!
Bitcoin mining is the name given to bitcoin production. It is the name given to the structure that provides financial transfers in a more clear language and enables the production of new bitcoins by approving the structural financial transactions. Bitcoin mining is the same as a mining of gold, but it is a digital form. The process involves highly configured computer systems to solve arithmetic functions. In a simple word, Bitcoin mining is used to generate new Bitcoin with the use of existing Bitcoin. Free Bitcoin Mining. Free Bitcoin mining is the most important part of blockchain technology. Bitcoin mining is just like a lottery where you can compete with your mining hardware with everyone on the blockchain network to earn free BTC. Mining Bitcoin is the process of transaction in the cryptocurrency system. Once registered with a cloud mining website, check the Contracts section to avail your free compute power. Most miners will give you up to 100 GH/s. Now that we have covered the basics, let us look at the active websites for free bitcoin mining, starting with cloud miners. Free Bitcoin Mining – Cloud Miners Cryptotab Browser – Editor’s Choice Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.