I have head bitcoin is to be mined,But how it is possible?

[income20 56]

Hello Friends,

 

Bitcoin is the cryptocurrencies  & digital concept. You should hear that bitcoin has huge demand in recent moment. But in many countries It can't accept as a digital currency for various reasons. 

 

Do you believe  bitcoin is to mining? but how? Bitcoin is only digital currency. but how is  is possible  to mining or increasing in a wallet?

give answer.

 

Thanks

 

[bitcoinb 1359]

4 hours ago, income20 said:

Hello Friends,

 

Bitcoin is the cryptocurrencies  & digital concept. You should hear that bitcoin has huge demand in recent moment. But in many countries It can't accept as a digital currency for various reasons. 

 

Do you believe  bitcoin is to mining? but how? Bitcoin is only digital currency. but how is  is possible  to mining or increasing in a wallet?

give answer.

 

Thanks

 

I don't really understand your question. You can't use your CPU or GPU for Bitcoin mining, you need an ASIC hardware. However, you can earn Bitcoin and Altcoin for free in various ways. 2 years ago I paid a membership at Badoo with Bitcoin. Soon, it will be possible to use Bitcoin on Amazon and other brands. We are a lot of peoples who think that BTC price will continue to grow...

China is working on a Digital Yuan and they already us VeChain blockchain in the tea industry.

France is thinking about a Digital Euro.

[BTC Future 3946]

On 2/28/2020 at 5:32 AM, income20 said:

Hello Friends,

 

Bitcoin is the cryptocurrencies  & digital concept. You should hear that bitcoin has huge demand in recent moment. But in many countries It can't accept as a digital currency for various reasons. 

 

Do you believe  bitcoin is to mining? but how? Bitcoin is only digital currency. but how is  is possible  to mining or increasing in a wallet?

give answer.

 

Thanks

 

The Bitcoin network is run by miners that use special equipment to solve cryptographic equations and provide this way security to the network. There is a set of rules called consensus that miners follow. This ensures the validity of transactions and the avoiding of transactions being double spent. Everything on the network is transparent. The miners for each block they find they get rewarded with 12,5 new BTC plus the transaction fees.

[bitcoinb 1359]

On 3/10/2020 at 10:05 AM, UT2001 said:

The art of mining secures the block chain and the block chain is what powers the entire bitcoin flow to actually go around. Without the miners securing and processing the block chain there would be no transactions.

This is a relevant comment and good explanaton of what is mining and what is his utility. Too much people are not aware about it.

[jacker 1095]

Bitcoin is fully minable and mining is not something new, it has been mined and profitable. Current bitcoin does not mine easily. But if it is possible to secure elements such as electricity, hardware, computers, cooling ... then exploitation is beneficial.

[magd 5231]

Your question is not clear at all, but what I understand from you is that you mean what bitcoin is a cryptocurrency but the mining process is similar to gold mining by miners and the energy that miners need is the energy of the processor

[kadayakito 765]

It is perfectly possible to mine bitcoin and altcoin differently depending on your needs. Bitcoin mining is the hardest because it's the most valuable. can be exploited on the web, need strong computers, optimal hardware such as asic, ensure hash power and speed with the cooling system. It is better to have a separate mining rig.

[iloveyobit 6599]

Yes, Bitcoin is mining like gold mining, but with a completely different mechanism and different tools, you can search on Google for mining in detail.

[Calvinpriva 17296]

There are special software's that will help you to mine bitcoin and you can increase it in a large percent. But there is a huge problem with mining software's now days, there are many fake mining sites that can steal your money so you need to be careful when finding a good one to use.

[Zaino34 0]

Miners minimize bitcoin. Bitcoin can be obtained through the use of special devices used for mining. Its price is high and needs good electrical energy that works to produce bitcoin.

[Brand1 1336]

Mining operations are carried out by purchasing some devices for this field and it is done by miners who extract the blocks and solve some equations

[Honny143 13612]

Now bitcoin popularity increase and so many peoples want to mine bitcoin, but they don't no how its work and its profitable are not but years back CPU and GPU mining profitable because prices is low but now use expensive graphics card basic for mining, miners solves some mathematical equations then they take rewards for their work, but now this process expensive.

[Trader21 1199]

On 3/1/2020 at 3:27 PM, UT2001 said:

It is possible to mine bitcoin by getting a specialized computer designed to mine bitcoin and letting that run all day every day and setting it up to mine into your personal bitcoin address. Mining secures the block chain in the background which makes the transactions go round.

l agree with your words. It is just possible to mine BTC, as you above mentioned. For doing that you need to have the best computers and maybe good knowledge. Don't forget electric. 

[Raqeebzy 6456]

On 2/28/2020 at 4:32 AM, income20 said:

Do you believe  bitcoin is to mining? but how? Bitcoin is only digital currency. but how is  is possible  to mining or increasing in a wallet?

 

Yes. Bitcoin mining is based on PoW consensus algorithm so bitcoin is to mined. Feasibly, to mine bitcoin one needs a very great computing power that can solve complex cryptographics in ASIC, GPU and electricity. It is much complex and expensive but sure you can mine bitcoin.

[guatazoo 7150]

On 2/28/2020 at 6:32 AM, income20 said:

Hello Friends,

 

Bitcoin is the cryptocurrencies  & digital concept. You should hear that bitcoin has huge demand in recent moment. But in many countries It can't accept as a digital currency for various reasons. 

 

Do you believe  bitcoin is to mining? but how? Bitcoin is only digital currency. but how is  is possible  to mining or increasing in a wallet?

give answer.

 

Thanks

 

When the bitcoin are mined, its not mined from nowhere, but it mined from the transactions fees that people withdraw from their wallets, so the withdrawing fees is gone to be paid to miners because they help the transactions to be confirmed. 

[jamespoko 1]

yes bitcoin can be  mined if you have the mining facilities. i can be mined , without mining bitcoin wouldnt come to existence. thats why its called digital currency because everything is done online with the help of computer and mining machine

[candyguyyy 43]

well find out trusted cloud mining site review and buy hash rates power so you will be able to mining bitcoin