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Topic: Bitcoin Mining? Really? - page 2. (Read 3009 times)

newbie
Activity: 13
Merit: 0
February 09, 2014, 01:27:02 PM
#1
Hello guys,

I have been interested in currency trading since 2011 and I have pretty much learned the basics (even more probably) of the day trading, technical and fundamental analysis. I understand the concept of the Bitcoin and its trading in general.

What I do not understand is how the hell you could mine a currency. Everywhere I read that people mine BTC and they invest in improving their home PC stations in order to mine BTC faster. People share that they do BTC mining but nobody explains the process of mining. Who is paying you BTC in order to perform "mining" and why are you paid to do "mining".

And please, do not compare BTC mining with gold mining for example. You cannot create gold from thin air ...yet.

I would be grateful if you share your visions with me here. Smiley

Regards,

D.
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