Jump to content


Photo

Mining for Bitcoins


  • Please log in to reply
3 replies to this topic

#1 market101

market101

    Hot

  • Bronze
  • PipPipPipPipPipPip
  • 689 posts
  • LocationCalifornia

Posted 12 March 2018 - 10:35 AM

I keep seeing the word "mining" when reading about cryptocurrency. Evidently you can even join programs for free and participate in their "mining" . OK here is my question: Where does the bitcoin come from that "they" are mining?


  • 0

*************************************************************
There are two ways to face the future. One way is
with apprehension; the other is with anticipation  .
*************************************************************


#2 Darren Olander

Darren Olander

    Hot

  • Administrators
  • 548 posts

Posted 12 March 2018 - 04:22 PM

There is some new bitcoin that is created over time automatically, until the maximum will be hit in something like 20 years I think, and in addition to that there are transaction fees, the combination of the two is what miners are earning for securing the network.


  • 0

Founder of Marketing Checkpoint

My Blog


#3 paulserban

paulserban

    Medium

  • Bronze
  • PipPipPipPipPip
  • 246 posts
  • LocationBucharest, Romania

Posted 13 March 2018 - 09:14 PM

It's incredible how they can create value from nothing!

 

In any case, I stand by these "miners", it's not honest.


  • 0

http://www.1001nightsmailer.com - a paid membership site which allows free members too!

 

http://www.pizzasafelistmailer.com - my first safelist mailer site!


#4 market101

market101

    Hot

  • Bronze
  • PipPipPipPipPipPip
  • 689 posts
  • LocationCalifornia

Posted 16 March 2018 - 11:50 AM

It's incredible how they can create value from nothing!

 

In any case, I stand by these "miners", it's not honest.

 

Hi Paul - Evidently value is in the eyes of the beholder.


  • 0

*************************************************************
There are two ways to face the future. One way is
with apprehension; the other is with anticipation  .
*************************************************************





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users