When the World Wide Web launched in 1991, most people thought it would fizzle out in a few years. Experts considered it to be a shiny, new fad that no one was really using — six countries in the world had more than one Internet user per 100 people.
When the World Wide Web launched in 1991, most people thought it would fizzle out in a few years. Experts considered it to be a shiny, new fad that no one was really using — six countries in the world had more than one Internet user per 100 people.
Since cryptocurrency isn’t a physical commodity like gold or oil, it might be hard to understand how people mine it. It’s a currency, so the fact that people “mine it” could boggle your mind. It’s also entirely digital — you can’t just dig up some bitcoins with a pickaxe — so how and why do people mine cryptocurrency? Let’s read on to find out.
Since cryptocurrency isn’t a physical commodity like gold or oil, it might be hard to understand how people mine it. It’s a currency, so the fact that people “mine it” could boggle your mind. It’s also entirely digital — you can’t just dig up some bitcoins with a pickaxe — so how and why do people mine cryptocurrency? Let’s read on to find out.