Monthly archives for October, 2012

Bitcoin Mining Works For “Lone ...



When you talk about bitcoin mining, you are talking about the most conventional and accepted way to acquire bitcoins. By way of this process, people use their computers to uncover “blocks” of coins consisting of fifty (50) apiece, and they are off and running as someone who can use those coins to purchase goods and services, or ev [...]

Bitcoin Plus Makes Mining Easy –...



The people who are very serious about acquiring Bitcoins and don’t want to have to just buy them from someone else engage in a practice called “Bitcoin mining,” which is the do-it-yourself process of performing computer-related calculations and solving a puzzle, in effect, in order to generate a “block” of fifty [...]

Bitcoin Mining – It’s Lik...



We could spend a lot of time and a lot of pages going over all the technical aspects that are involved in Bitcoin mining, but perhaps the best explanations are the ones that are made with the layman in mind. An analogy could probably be drawn between mining for Bitcoins and panning for gold in California back in the mid-1800’s. It is ki [...]