Hey there!
I''ve recently become interested about cryptocurrencies (and this forum, as well) so I'd like to learn more about it and I'll probably think about investing in them in future. But before I do, I'd like to learn about the technical side of it.
Could you please explain to me, as easily as possible, how does mining work? How does it happen that we "mine" bitcoins and that we get them?
I try to understand but I can't find anything but technical descriptions, and since I'm not so familiar with this, I need a simple explanation
Thanks a lot
I''ve recently become interested about cryptocurrencies (and this forum, as well) so I'd like to learn more about it and I'll probably think about investing in them in future. But before I do, I'd like to learn about the technical side of it.
Could you please explain to me, as easily as possible, how does mining work? How does it happen that we "mine" bitcoins and that we get them?
I try to understand but I can't find anything but technical descriptions, and since I'm not so familiar with this, I need a simple explanation
Thanks a lot
The information was written a good number of times, so I will not do the same again. If you want non technical info you should add ELI5 in the list of keywords you are searching for.
I searched for Bitcoin mining eli5
Of course, some results are still technical, but I will give two links from the same reddit thread which seem to cover the story pretty good, so you can start with them: main explanation and fix and completion