BITCOIN MINING EXPLAINED and WHERE TO MINE COINS

BITCOIN MINING EXPLAINED and WHERE TO MINE COINS Bitcoin mining: is the process through which Satoshis (units of bitcoins) are awarded to computers for solving complex problems of  verifying bitcoin transactions around the world. Just like banks and other Payment processor who earn a reward for verifying and processing money transactions. So bitcoin miners simply earn bitcoins for using their resources ( computing power, electricity and internet connection) to verify and confirm bitcoin transactions in the network. The idea is synonymous for all cryptocurrencies. It’s through mining that new coins…