What is Mining?

Bitcoin mining is all about confirming transactions and has nothing to do with physical mining. It is similar in that bitcoin miners mine bitcoin out. Mining is the process of miners adding and collecting transaction records on the blockchain network which is the public ledger. This is done using special software and the solving of… Continue reading What is Mining?

What it Bitcoin?

Bitcoin is the first ever decentralized cryptocurrency, digital asset created in the world. Bitcoin was created in 2009 by someone under the name of Satoshi Nakamoto. Bitcoins and other cryptocurrencies are generated through a process called mining. Bitcoin is electronically held by users in an online or offline wallet. Unlike traditional bank notes and coins,… Continue reading What it Bitcoin?