What is bitcoin mining?

UndaG · Jan 5, 2014

Everyone is talking about it, and im a gamer, so i think i should know what this is 😀

scoobydenon · Jan 5, 2014

I would describe it as like Folding at home. - But you can learn about here. - http://www.weusecoins.com/en/mining-guide

USAFRet · Jan 5, 2014

te100 · Jan 5, 2014

With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange.

UndaG · Jan 5, 2014

I know that it isnt a gaming software, i just heard that people make money on it 😀

airplanegeek · Jan 5, 2014

USAFRet · Jan 5, 2014

UndaG :

Not quite as easy as that. If it were, we'd all be doing it.
You're spending electricity($$$) in exchange for bitcoins.