In this video I recorded in February of 2014, I clarify what “mining” Bitcoin or Cryptocurrency does and the way it works in non-technical phrases. Mining is a metaphor borrowed from mining gold, and there are similarities and variations between the 2.
You can discover a full course on Bitcoin and Cryptocurrency for the non-technical pupil in my iPhone and iPad app within the App Store: https://itunes.apple.com/us/app/bitcoin-altcoin-tutorials/id908959195?at=10lJ79
and I’ll be including extra classes about crypto right here and on my web site http://alohabitcoin.com/2014/04/saying-aloha-to-bitcoin-and-cryptocurrency-in-hawaii/
#HowDoesBitcoinMiningWork #NonTechnical #howdoyouminebitcoin #whatisproofofwork #BitcoinCurrency #computerconcepts #earnfreebitcoin #computerterms #MINING #WhatisMining #amp #bitcoinmining #dogecoinmining #asics #WORK #explanation #CryptocurrencyWebsiteCategory #Bitcoin #Ethereum #whatislitecoinmining #computerbasics #litecoinmining #miningbitcoin #cryptocurrencymining #bitcoinminers #howto #Litecoin #whydoyouminebitcoin #Cryptocurrency
Comments