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.
In recent years, we’ve seen the power of video on the internet — Facebook alone gets eight billion average daily views, and YouTube’s video platform has enabled young teens to become national superstars (Justin Bieber, anyone?). Also, a Cisco report estimates that, by 2022, watching video will account for 82% of internet traffic.
In recent years, we’ve seen the power of video on the internet — Facebook alone gets eight billion average daily views, and YouTube’s video platform has enabled young teens to become national superstars (Justin Bieber, anyone?).