Does Bytecoin BCN Mining Require Fast Internet
Bytecoin (BCN) is a next generation completely anonymous cryptocurrency launched July 4, 2012, making it the first Cryptonote currency of its kind. Bytecoin is unlike any other cryptocurrency as it achieves anonymity by adopting the Cryptonote protocol, which allows anonymity by using Ring Signatures to hide wallet balances and transactions, making any transaction you make effectively unlinkable.
Bitcoin mining doesn't require much bandwidth at all! It's worth noting that the higher the hash-rate of your rig, the more bandwidth it will require (as you will get through work units faster - downloading new ones and feeding back more frequently). Seeing as though you are planning to use guiminer, you most likely won't use much bandwidth (most high-performance mining is now done with dedicated equipment as opposed to GPU/CPU mining). If you're new to mining bitcoins, these sites might be of interest to you: • •. LBRY Credits LBC Miner Pool.