Learn how bitcoin is mined

[Floura]

People can actually earn a considerable amount of money online by mining but you need to buy some things that will help you through out the process.

Yes you are right, we need to have a lot of things before we can actually earn money online from mining, you need things like mining rigs, which is worth thousands of dollars.

 

[Sincerem]

Thanks so much. You should also give us the inside in terms of power consumption related to mining of cryptocurrency and how mining of cryptocurrency can leads to environmental pollution and so on.

 

[Prince]

To understand bitcoin mining, you have to first understand the three major concepts of blockchain. Public distributed ledger: A distributed ledger is a record of all transactions maintained in the blockchain network across the globe. In the network, the validation of transactions is done by bitcoin users.