Post
Topic
Board Altcoin Discussion
Re: what is bitcoin mining actually doing ?
by
Psalms236
on 19/02/2018, 07:51:20 UTC
what is bitcoin mining actually doing ? Roll Eyes
Mining is a process to determine the canonical order in which transactions happen.  It is also a  way to introduce money  into the system since without central issuer  who  would  be  in charge of issuing money and how would they do  it  fairly?
In other words miners build block chains ,  they get a reward for  each  new valid block they  create.

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