In the early days of Bitcoin, anyone could find a new block using their computer.  But Bitcoin mining has advanced and is no longer the cottage-industry it was, having [...]

Bitcoin mining is the process of spending computing power to add transaction records to Bitcoin's public ledger of past transactions or blockchain, secure the network by approving transactions, [...]

Anybody can become a Bitcoin miner by running software with specialized hardware. Mining software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and [...]

Spending energy to secure and operate a payment system is hardly a waste. Like any other payment service, the use of Bitcoin entails processing costs. Services necessary for the [...]