yes thats very true ,you need computer to mine bitcoin ,many computers ,and you need a stable and powerful source of electricity ,yes as you said earlier bitcoin mining involve solving mathematical problems
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Bitcoin mining is mutual stressful and you can not mine bitcoin with laptop any more because the difficulty of bitcoin has increased very high that you will need to buy hardware to mine bitcoinbitcoin's mining is very stressful if you don't have a good laptop with good internet connection sometimes even with a good laptop if you don't have a pool of minors you might even go in a year without mining a single bitcoins because the process is very complicated and your laptop may not be able to solve the code immediately so that is why people mine bitcoins in pool to help one another,
I know that is true ,that is why some companies are even operating it as a factory because of the difficulties in mining the cryptocurrency, it bitcoins becomes difficult they should consider mining other cryptocurrency.Bitcoin mining is mutual stressful and you can not mine bitcoin with laptop any more because the difficulty of bitcoin has increased very high that you will need to buy hardware to mine bitcoin
Personally, I have not done any mining of any coin before and I don't think I will go into that earning platform as it is not that easy to mine coins as systems with high specifications are needed which will cost a lot of money. What about the software and application to set it up? I would rather be earning these coins and avoid the stress of mining them. It is just my opinion.
Bitcoin mining in particular is really insignificant maybe it's just a way to keep the crypto above waters. Mining itself on some crypto seems so unachievable!
That's very true. The first thing you need to start mining Bitcoin is your computer. With a stable internet connection. It's a little bit stressful but you can earn good money from it.New to the Bitcoin economy. However, I do not understand the concept. I understand that I need a computer to "mine" bitcoins but why is an extremely powerful computer necessary to solve the "blocks" Are the problems mathematical? And what does a HASH measure or represent?
This is all speculation that people are mining bitcoin successfully because over the years that have been into the project I've not seen anyone who successful did so unless you're going to provide one for me.There are some people we are still mining cryptocurrency successfully. But it is going to take you a lot of resources to mine cryptocurrency successfully especially the Bitcoin.
Yes you are right by saying this bitcoin mining is not just about using machine , even though if it I is possible I believe one can earn alot of income with it.Bitcoin mining it is not just about a machine or who managing the machine, but behind that the miner doing a big role to secure the network and confirm the Bitcoin transactions, and they are paid for their service. All transaction we do with cryptocurrency needs to be confirmed, without confirmation will not be processed.