@bobsd
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BobSD replied to the topic What is bitcoin and its mining? in the forum Early Childhood Certification Course 1 year ago
Sure thing! Think of Bitcoin as digital money, and mining as the process of creating (or discovering) new bitcoins. It’s done by powerful computers solving complex mathematical problems. Miners compete to solve these problems, and the first one to succeed gets the reward in the form of new bitcoins. This process is what keeps the Bitcoin network…Read more
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BobSD replied to the topic What is bitcoin and its mining? in the forum Early Childhood Certification Course 1 year ago
Sure thing! Think of Bitcoin as digital money, and mining as the process of creating (or discovering) new bitcoins. It’s done by powerful computers solving complex mathematical problems. Miners compete to solve these problems, and the first one to succeed gets the reward in the form of new bitcoins. This process is what keeps the Bitcoin network…Read more