What is Bitcoin Mining? (In Plain English)

What is Bitcoin Mining? (In Plain English)

Bitcoin Mining Explained Video Transcript: What is Bitcoin mining? Does it mean I can generate free Bitcoin from my computer? Is it still profitable to mine Bitcoin these days? Well, stick around… Here on Bitcoin Whiteboard Tuesday, we’ll answer these questions and more. Bitcoin was created as a decentralized alternative to the banking system. This

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What is Bitcoin Mining?

What is Bitcoin Mining?

Everything you need to know about Bitcoin mining   Video Transcript: What is Bitcoin mining? Bitcoin operates as a peer to peer network. This means that everyone who uses Bitcoin is a tiny fraction of the bank of Bitcoin. But where do Bitcoins come from? With paper money a government decides when to print and

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How Does BitCoin Work?

How Does BitCoin Work?

hi I’m Jonathan this is brainstuff and I’ve got some bad news for you money is imaginary now I don’t mean that this printed piece of paper is make-believe I can feel its texture and the ink even smudges off on my fingers but when you compare it to this other piece of paper what’s

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What is Bitcoin?

What is Bitcoin?

Video Transcript: What is Bitcoin? Bitcoin is the first decentralized digital currency. Bitcoins are digital coins you can send through the Internet. Compared to other alternatives, bitcoins have a number of advantages. Bitcoins are transferred directly from person to person via the net without going through a bank or clearinghouse. This means that the fees

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