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How can I mine Bitcoin?

By |2017-03-15T10:36:44-05:00March 13th, 2017|

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 [...]

What is Bitcoin mining?

By |2017-03-15T13:26:19-05:00March 13th, 2017|

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, [...]

How does Bitcoin mining work?

By |2017-03-13T12:44:35-05:00March 13th, 2017|

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 [...]

Is Bitcoin mining a waste of energy?

By |2017-03-13T12:45:15-05:00March 13th, 2017|

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 [...]

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