Article on Bitcoin mining

[CryptoMav]

Great beginner understanding article — How does bitcoin mining work?

Snapshot:

Bitcoin’s rise to popularity has been meteoric. In less than 10 years it’s infiltrated nearly every aspect of our society. For better or worse it’s become virtually impossible to go a day without a coworker, news broadcaster, or relative mentioning cryptocurrencies.

But when most people talk about Bitcoin the conversation is largely focused on its price, or how to make money from it. The technology underpinning it and the technical process in place to guarantee new coins are released onto the network to be traded are largely ignored. So, how does bitcoin mining work?

In this article, we’ll unpack the technical process: the incredible ‘mining’ system in place to release new coins onto the Bitcoin network.

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[AndrejWarhola]

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