Post
Topic
Board Mining speculation
Re: Bitcoin Mining? Really?
by
sk8bo
on 16/02/2014, 07:22:17 UTC
Ok. So far so good. Smiley

What I understood from reading your posts is that the ''mining" process of the different PC machines all over the word is responsible for the code of every Bitcoin transaction, and for providing servers, which support the Bitcoin without having it centralized on one place. I hope I got it right.

But I still do not understand, whos pocket does the money for mining come from. Who pays you to mine?

In one of the previous posts I read somewhere that miners transfer electricity into money, which kinda sounds like written by someone who know as much as I do.

Regards,

D.