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How Bitcoin mining works?

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bitcoinforum.com:
How Bitcoin mining works?

https://www.investopedia.com/tech/how-does-bitcoin-mining-work/

williamramirez:

--- Quote from: Shital on October 30, 2021, 06:44:50 PM ---Bitcoin mining is the second best business right now, after the Forex Trading and Once I master the Forex I would definitely love to give it a try.

--- End quote ---

I plan to start from bitcoin trading and then study Forex.

antonio george:
Bitcoin mining is designed to be similar to gold mining in many ways. This “digital mining” is a computer process that creates new Bitcoin, in addition to tracking Bitcoin transactions and ownership. Bitcoin mining and gold mining are both energy intensive, and both have the potential to generate a handsome monetary reward.

homeliday:
this is great, thanks!

Begaing:
Bitcoin mining can still make sense and be profitable for some people. The equipment is more readily available, although competitive ASICs cost from a few hundred dollars up to about $10,000. In an effort to stay competitive, some machines have adapted.

Forex wiki

AmandaLin:

--- Quote from: antonio george on February 24, 2022, 10:43:49 AM ---Bitcoin mining is designed to be similar to gold mining in many ways. This “digital mining” is a computer process that creates new Bitcoin, in addition to tracking Bitcoin transactions and ownership. Bitcoin mining and gold mining are both energy intensive, and both have the potential to generate a handsome monetary reward.

--- End quote ---
I think Bitcoin and gold mining are also alike in that both can be very attractive and both require previous knowledge in order to make a profit out of it.

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