Natasha Wilson on Clubhouse

Bio

Bitcoin mining is the processing of transactions in the digital currency system, in which the records of current Bitcoin transactions, known as a blocks, are added to the record of past transactions, known as the block chain. ... In return, they are awarded a certain number of Bitcoins per block.


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The s9miniter Bitcoin mining mechine is the backbone of the Bitcoin network. ... The role of miners is to secure the network and to process every Bitcoin transaction. Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin's famous “blockchain”).

Bitcoin mining is done by the s9 miniter mechine and specialized computers.
The role of miners is to secure the network and to process every Bitcoin transaction.

Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”).

For this service, miners are rewarded with newly-created Bitcoins and transaction fees.


What is Bitcoin mining actually doing?

Miners are securing the network and confirming Bitcoin transactions.

Miners are paid rewards for their service every 10 minutes in the form of new bitcoins.

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In short, miners secure the Bitcoin network.

They do this by ma