Bitcoin mining has been a profitable venture for many people ever since the cryptocurrency was created in 2009. However, the profitability of mining Bitcoin has fluctuated greatly over the years. The following is a breakdown of the profitability of Bitcoin mining as of July 2017. As of July 2017, the average mining income for a […]
How Bitcoin Is Created
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoins are created as a reward for a process known […]
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