what is bitcoin mining

What is Bitcoin mining? Why are Bitcoin miners important?

Bitcoin Mining “Discovers” New Bitcoin Traditional economies are focused around the transactions that occur with fiat money. In the USA, our fiat currency is created by the Federal Reserve and printed by the US Treasury. The underlying mechanics can get complicated, but essentially, the government controls the production of money, paper money (fiat currency). Bitcoin is …

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CEX.IO Review: Hype or Revolution? Review: Is Really a Revolutionary Exchange? Cryptocrooks is reviewing a variety of bitcoin/cryptocurrency exchanges. Is the cryptocurrency exchange CEX.IO. and affiliated company contract mining service GHash.IO worth using as a main exchange? CEX.IO is a cryptocurrency exchange allows you to trade between several alt coin pairings and global currency pairings. CEX.IO and GHash.IO …

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Defunct: Cloud Review

Thoughts on Cloud Hashing According to their frontpage of their website they claim that their business is ”The Easiest Way to Earn Bitcoins”     On their website homepage their bio states they were founded in February 2013 to take out all the complexities of Mining Bitcoin. Cloudhashing claims they maintain great relationships with …

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