Do you want to improve your writing? Try our new evaluation service and get detailed feedback.
Check Your Text it's free

How to mine Bitcoin and its technology

How to mine Bitcoin and its technology YBkKd
Bitcoin is a digital currency without a central bank or one administrator. Bitcoin can be sent from user to user via the Internet. Transactions are verified by miners who get bitcoin as a reward for the mining. There will be only 21 million bitcoins, and there will never be more. The price of bitcoin goes up over time but its value can be very volatile at times. It can go up very quickly, but it can go down even faster. When bitcoin was invented in 2008 by Satoshi Nakamoto, everybody could mine bitcoin. All you needed was a computer and special software. If you want to mine bitcoins today, you need more than just one computer. You need many of them. That’s why people create networks of computers to mine bitcoin. Such networks are called mining farms. These farms need a lot of electricity and a good cooling system. One such farm was built is Russia where low temperatures help to cool the system. This big farm can mine up to six bitcoins a day on average.
Bitcoin is a digital currency without a central bank or one administrator. Bitcoin can be
This phrase/word (depending on the context) can be potentially replaced with :
sent
from user to user via the Internet. Transactions
are verified
by miners who
This phrase/word (depending on the context) can be potentially replaced with :
get
bitcoin as a reward for the mining.

There will be
This phrase/word (depending on the context) can be potentially replaced with :
only
21 million bitcoins, and there will never be more. The price of bitcoin goes up over time
This phrase/word is too simple and can be replaced with:
but
its value can be
This phrase/word is too simple and can be replaced with:
very
volatile at times. It can go up
This phrase/word is too simple and can be replaced with:
very
quickly
,
This phrase/word is too simple and can be replaced with:
but
it can go down even faster.

When bitcoin
was invented
in 2008 by Satoshi
Possible spelling mistake found.
Nakamoto
, everybody could
You use this word too often, consider replacing it with
mine
bitcoin. All you needed was a computer and special software.

If you want to
You use this word too often, consider replacing it with
mine
bitcoins
This phrase/word (depending on the context) can be potentially replaced with :
today
, you need more than
This phrase/word is too simple and can be replaced with:
just
one computer. You need
This phrase/word is too simple and can be replaced with:
many
of them. That’s why
This phrase/word (depending on the context) can be potentially replaced with :
people
create networks of computers to
You use this word too often, consider replacing it with
mine
bitcoin. Such networks
are called
mining
You use this word too often, consider replacing it with
farms
. These
You use this word too often, consider replacing it with
farms
need
This phrase/word is too simple and can be replaced with:
a lot of
electricity and a
This phrase/word (depending on the context) can be potentially replaced with :
good
cooling system.

One such
You use this word too often, consider replacing it with
farm
was built
is Russia where low temperatures
This phrase/word (depending on the context) can be potentially replaced with :
help
to cool the system. This
This phrase/word is too simple and can be replaced with:
big
You use this word too often, consider replacing it with
farm
can
You use this word too often, consider replacing it with
mine
up to six bitcoins a day on average.
What do you think?
  • This is funny writingFunny
  • I love this writingLove
  • This writing has blown my mindWow
  • It made me angryAngry
  • It made me sadSad

IELTS essay How to mine Bitcoin and its technology

Essay
  American English
5 paragraphs
177 words
This writing has been penalized,
text can't be
less than 250 words in Task 2
and less than 150 words in Task 1
5.0
Overall Band Score
Coherence and Cohesion: 5.5
  • Structure your answers in logical paragraphs
  • ?
    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 7.0
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 6.0
  • Answer all parts of the question
  • ?
    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
Labels Descriptions
  • ?
    Currently is not available
  • Meet the criteria
  • Doesn't meet the criteria
Recent posts
  • 6band
    How to mine Bitcoin and its background
    Bitcoin is a digital currency without a central bank or one administrator. Bitcoin can be sent from user to user via the Internet. Transactions are verified by miners who get bitcoin as a reward for the mining. There will be only 21 million bitcoins, and there will never be more. The price of bitco...
  • 5.5band
    Some people thinks that to best way torus
    It is considered by some individuals that the best way to rumalusiness is with in the family. This fassif intents to elalestate. the mouts as well as demerits in upeaning. paragraphs. Regarding the merits, if family members help to run the business it may ronilal The reason is trust play cunial rol...
  • 6band
    Some people say that the best way to improve health is by increasing the number of sport facilities.
    It is believed that increasing the sport services will enhance physical well-being of an individual. In my view, even though improving sports facilities which will allow people to visit them at their convenient time and place helping to enrich their health, it is not sufficient to motivate them to c...
  • 6band
    Cause – effect: school bullying
    In recent years, one of the issues which often makes educational experts over the world confused is school bullying. This essay will find out some reasons why this has occurred and the consequences of this worrying trend. The foremost cause of various matters of school bullying is the differences i...
  • 6band
    Older people should be looked by their children, not by the government.
    There is no denying the fact that senior citizen are the inseparable part of the community. It is often argued that it would be wise if children take care of their parents and does not involve government in this. Personally, I strongly support the idea because children are morally and socially oblig...
  • 6.5band
    It is said that progressive taxes may discourage people from working extra hours. What do you think about that statement?
    Along with the development of the economy, the tax system in the world is constantly being updated to ensure fairness and efficiency for a country's revenue. There is an opinion that progressive taxes discourage people from working overtime. From our perspective, it is not the case due to the follow...





Get more results for topic:
  • How to mine Bitcoin and its technology