What is Bitcoin Mining?

Concept, photos, videos, examples, construction



For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? This short video is an animated introduction to Bitcoin Mining. Credits: Voice - Chris Rice (www.ricevoice.com) Motion Graphics - Fabian Rühle (www.fabianruehle.de) Music/Sound Design - Christian Barth (www.akkord-arbeiter.de) Andrew Mottl (www.andrewmottl.com)

Comments

  1. I use my shibes to mine 'em
  2. ESEA likes this
  3. Using your own hardware CAN be profitable, but most people experience that it takes AGES to break even. I do mine, however I mine DASH. It's way more profitable, and you can always convert it into bitcoin if you really want to. I do NOT mine on my own hardware, as it it's just not profitable for me to do so with electricity, heat, and so on.
    For anyone interested in mining their own coins, I'd suggest you to look into Genesis-Mining. It's a huge company (3 years old) who runs HUGE servers located on Iceland. You can mine alot of different coins, however Dash is the most profitable as of right now!
    Anyway, if you buy a 2 year mining contract, you will break even within 6-7 months tops.. Compared to 1½ years using your own hardware. Right now, I'm mining close to 1 dash per day, which is GREAT! If you are interested in doing the same, I advice you to upgrade your contracts regulary to add more hashpower, which means you will mine more. I upgrade my contracts weekly, which in return nets me a higher income.
    You can use this 3% OFF coupon, if you want to save some money when buying your own contract: k3QVrF
    Cheers :)

    Hope this helps anyone looking into mining ;)
  4. Why math problems, why not fix real problems and get paid by bit coins. Who needs all these math problems to be resolved
  5. Guys I swear I just got.$2065.free.money from this amazing website: (just type in g00gle)=> freeppalmon xyz
  6. EARN BITCOINS JUST Referral link to register page: https://www.btchamp.com/ref/e265aaae9b/register
  7. if you want for mining bitcoin you can check for this link ... paid
  8. Let's say Bitcoin becomes big - wouldn't the existing wealth dynamics be maintained and even deepened, simply because the richest people in the world can afford the most efficient mining hardware, the most power to run the hardware, and the most land to host the hardware? The rich get richer, the poorer can't even generate enough electricity to mine 1 coin, especially as the difficulty increases. And then once all 21mill bitcoins are mined and mostly in the pockets of the wealthy, then what?
    Bitcoin could easily be a tool of free market capitalism. Free market capitalism allows monopolies to dominate and inequality to spiral, without regulation.

    So I'm wary of the idea that Bitcoin offers something better than what we have currently.
  9. Omg
  10. i just opened by first bitcoin wallet please send me some bitcoins (- _-). 1C1WiGipMSe1WrmBhTkbyW8jdAfTWsYNwe
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  12. great
  13. fek he
  14. fucking shit video... explain what the hell mining is you retard.. why the hell would i get money if i solve some math problem.. how stupid do you have to be to miss talking about the main points... shit video
  15. If you search for a legit mining company check out genesis-mining.com . Mining since 2013. Use my code Stym3L to get 3% off. Enjoy my friend!
  16. hello guys..i got easy hacking tool for unlimited bitcoin..here's the link below:
    https://twitter.com/Abinranamagar2/status/849837322350632960
  17. https://hashflare.io/r/9A012669 (Mining) Up 2 Years Online, One Of My BEST!!


Additional Information:

Visibility: 2613988

Duration: 1m 56s

Rating: 4000