hello guys !
everyday we see mining sites for bitcoins altcoins etc..
but what is mining ??
ok that is an enough explanation :
Mining is the process of spending computing power to process transactions, secure the network, and keep everyone in the system synchronized together. It can be
perceived like the Bitcoin data center except that it has been designed to be fully decentralized with miners operating in all countries and no individual having control
over the network. This process is referred to as "mining" as an analogy to gold mining because it is also a temporary mechanism used to issue new bitcoins. Unlike gold
mining, however, Bitcoin mining provides a reward in exchange for useful services required to operate a secure payment network. Mining will still be required after the
last bitcoin is issued.
see you guys
hope you get information you want !!
hello guys !
Bitcoin is an innovative payment network and a new kind of money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks managing
transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and
everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
see you !!