What is Bitcoin Mining? An Introduction

Blockchain for businesses: The ultimate enterprise guide: https://searchcio.techtarget.com/Blockchain-for-businesses-The-ultimate-enterprise-guide?utm_source=youtube&utm_medium=description&utm_campaign=012022MINING&utm_content=MINING&Offer=OTHR-youtube_OTHR-video_OTHR-MINING_2022Jan27_MINING
What is Bitcoin Mining: https://whatis.techtarget.com/definition/Bitcoin-mining?utm_source=youtube&utm_medium=description&utm_campaign=012022MINING&utm_content=MINING&Offer=OTHR-youtube_OTHR-video_OTHR-MINING_2022Jan27_MINING

Bitcoin might be the future of currency -- but how does supply keep up with demand? Bitcoin mining, which requires high-powered computers solving complex equations, verifies Bitcoin transactions, adding more of this cryptocurrency to the blockchain. Bitcoin mining takes a lot of resources, time, and electricity, but the miners are rewarded in Bitcoin for their ability to solve these complex equations.

What do you think? Do the benefits of Bitcoin mining outweigh the risks? Share your thoughts in the comments, and remember to like and subscribe, too.


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• Category

  Cryptocurrency