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What is Bitcoin Mining? Bitcoin operates as a peertopeer platform. This peertopeer platform generates Bitcoins through Bitcoin mining. Why do we need Bitcoin mining? We need it because theres no central government managing Bitcoin. Typically, a central government issues new coins for a currency. There are many surreal things about Bitcoin, the cryptomoney invented by a mysterious individual that has in just five years achieved a.

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In the early years of its inception, Bitcoin miners used their regular computers to mine bitcoins, but the system wasnt fast. We've talked about Bitcoins before, and even put together a list of 20 places where you can spend them. But a list of places to spend Bitcoins isn't of much.

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