How does bit coin mining work?

Discussion in 'Mining Cryptocurrency and Altcoins' started by Garost303, Aug 11, 2017.

  1. Garost303

    Garost303 New Member

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    I have been trying to get this concept of bitcoin since I am interested but I end up being even more confused. So bitcoin is an internet thing, then where does mining come from?
     
  2. oportosanto

    oportosanto Moderator

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    Back in the days we could mine using our computers, but these days a specific hardware is required, which just means a big investment that we never know if it will have a return or not. You might be better off mining other cryptocurrencies.
     
  3. des7ructo

    des7ructo New Member

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    I'm also interested in this, as long as I know, it might be old information, you'd need a PC that is seriously invested into.
     
  4. oportosanto

    oportosanto Moderator

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    I don't know if you read my post above, but mining with a computer these days it's not possible, you need specific hardware (called ASICs) to mine.
     
    RyanWeb likes this.

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