What is Bitcoin mining?

Kennedy
Posts: 149
Joined: Fri Apr 07, 2017 12:55 pm

What is Bitcoin mining?

Mon Aug 21, 2017 11:58 am

What is Bitcoin mining?
howard
Posts: 150
Joined: Fri Apr 07, 2017 6:03 am

Re: What is Bitcoin mining?

Tue Aug 22, 2017 4:27 am

Bitcoin mining is the procedure by which the exchange data dispersed inside the Bitcoin organize is approved and deposited on the blockchain. They get charges appended to the greater part of the exchanges that they effectively approve and incorporate into a block.
For further details, you can read this article,
http://btcwonder.com/bitcoin-mining-e ... w-is-here/
hendo
Posts: 173
Joined: Thu Apr 06, 2017 10:48 am

Re: What is Bitcoin mining?

Wed Sep 06, 2017 6:34 am

Bitcoin mining is the process of organizing and posting the transactions that occur between parties in a public ledger which may also be famous as a Blockchain.
pasture
Posts: 138
Joined: Tue Aug 22, 2017 1:03 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:35 am

recent transactions are compiled and added to public ledger plus the releasing of more bitcoins after solving a mathematical problem is called mining.
katharine
Posts: 133
Joined: Tue Aug 22, 2017 12:47 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:35 am

the blocks of outstanding transactions are assembled by solving mathematical problems and as a result more bitcoins are released.
leo
Posts: 113
Joined: Tue Aug 22, 2017 12:48 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:35 am

bitcoin mining is like a hobby to most of the miners, they don't consider it as a waste of time instead they enjoy.
katie
Posts: 121
Joined: Tue Aug 22, 2017 12:49 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:36 am

mining is a process in which we can release more bitcoins after solving complex mathematical problem.
jackzoe
Posts: 98
Joined: Tue Aug 22, 2017 12:50 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:36 am

I find bitcoin mining very interesting.
william
Posts: 131
Joined: Tue Aug 22, 2017 12:51 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:36 am

I guess the following video may clears your concepts, https://www.youtube.com/watch?v=GmOzih6I1zs
janes
Posts: 98
Joined: Tue Aug 22, 2017 12:53 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:37 am

bitcoin mining is a source through which more bitcoins are released. Uptil now around 16M I mined I guess.
max
Posts: 103
Joined: Tue Aug 22, 2017 12:54 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:38 am

mining is done to get more bitcoins.
mason
Posts: 107
Joined: Fri Apr 07, 2017 12:53 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:40 am

bobby
Posts: 94
Joined: Tue Aug 22, 2017 12:56 pm

Re: What is Bitcoin mining?

Fri Oct 13, 2017 10:40 am

I just know that through this we can get more bitcoins.

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