Showing posts with label hash. Show all posts
Showing posts with label hash. Show all posts

Friday, November 28, 2014

How Does Bitcoin Mining Work?

In traditional fiat money systems, governments simply print more money when they need to. But in bitcoin, money isn’t printed at all – it is discovered. Computers around the world ‘mine’ for coins by competing with each other.

How does bitcoin mining actually happen?  Click here to read the full article