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Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
However, the more members are mining, the more competitive is gets. Computers are really good at solving these mathematical problems, so the Bitcoin Network purposely makes the solution more and more difficult, otherwise all of the bitcoins would be mined in a couple of minutes. This is why there are already many highly specialized hardware on the market, their only purpose being exclusively Bitcoin mining.
HOURLY PLAN ADDED TO CELEBRATE 100 DAYS Today a special hourly plan is added just to celebrate our coming 100 days. This plan is work only for the next coming days >>more May-19-2017 01:36:55 AM
Outgoing Transaction Fees Following our previous email, we would liken to inform you of the following: The problem that we have experienced over the >>more May-17-2017 05:39:35 PM
3 Months Of Success Today we are very pleased to tell you that we have success fully completed 90 days of work and will continue this with >>more May-17-2017 07:01:54 AM
New Plan Added - Super Plan - 210% After 1 Day We are glad to inform you about great news that we have started a new plan for you, now you are able to make money through >>more May-17-2017 05:43:53 AM
Indonesia Growing Role in Cryptocurrency Markets Bitconnect underlined its commitment to Bitcoin and cryptocurrencies, participating in a highly successful conference in Jakarta >>more May-13-2017 07:11:29 PM
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