Tag: mine single bitcoin

How Long To Mine A Bitcoin 2017

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin payments 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 […]

How Long To Mine A Bitcoin

Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin is unique in that there are a finite number of them: 21 million. Bitcoin is created through a process called “mining.” Miners are rewarded with bitcoin for verifying and […]