Bitcoin Mining


SUBMITTED BY: Uttam9648

DATE: Dec. 16, 2015, 4:59 p.m.

FORMAT: Text only

SIZE: 374 Bytes

HITS: 2094

  1. Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government.
  2. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine.

comments powered by Disqus