home Bitcoin Info What is Bitcoin Mining and How does it Work

What is Bitcoin Mining and How does it Work


 

 

Bitcoin mining is the process of verifying transactions on the Bitcoin network and releasing new Bitcoin into the system

These two activities are key to Bitcoin and help differentiate it from other forms of currency. This video explains how mining works and how transactions are verified, if you should consider Bitcoin mining and also explains a bit about the overall Bitcoin ledger as compared to banks and other third parties as a money transfer system.

 

 

 

 

 

 

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