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Bitcoin mining explained
1. BITCOIN MINING
EXPLAINED
What Is The Purpose of
Mining?
To use our hardware in order to protect the financial
network, making some money along the way.
bitcoinminingsoftware2019.com
How Mining Works?
As we already said- Bitcoin mining is a process of solving
mathematical problems for which you get rewarded in
Bitcoin. If you can imagine those problems as puzzles-
everyone is trying to solve a puzzle, and whoever solves it
first gets 1 Bitcoin.
About Bitcoin Mining
In it's simplest form, Bitcoin mining is a process of
generating Bitcoins by solving complex
mathematical/cryptography problems. That may sound
scary and complicated- and it is under the hood- but luckily
the technology has advanced enough so that you- the
average PC user- can also mine Bitcoin and make some
money.