Bitcoin mining is where a group or individual use specific software to solve mathematical
equations and are rewarded a certain amount of Bitcoins depending on their input. In
other words every transaction needs to be verified so in order to verify them miners solve
an equation to determine if the transaction is valid and are rewarded in doing so.
A short video giving a quick and simple explanation of Bitcoin Mining can be seen below:
If you are interested in getting started with making some money I have posted a link below for a reputable site which allows you to bit-mine.
www.genesis-mining.com
See you soon,
Tom
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