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Title: What is all this 'mining' all about? Post by: Dongenola on July 12, 2011, 11:12:06 AM Hi,
I have joined BitCoin in an attempt to gain access to e-payment, for certain sites online, am I in the right place here? All this talk of gaming, and mining is confusing me. Title: Re: What is all this 'mining' all about? Post by: FreeMoney on July 12, 2011, 11:25:49 AM You don't need to worry about mining if you don't want to. It's how we buy security for our network. The miners process transactions and get paid new coins.
Title: Re: What is all this 'mining' all about? Post by: FractalUniverse on July 12, 2011, 11:37:44 AM Hi, bitcoin is cryptocurrency. you can trade it for other paper currencies or buy stuff directly (not many e-shops accepting yet)I have joined BitCoin in an attempt to gain access to e-payment, for certain sites online, am I in the right place here? All this talk of gaming, and mining is confusing me. the exchange rate is changing as well as with other currencies , currently 1 bitcoin is selling for around 14.2 dollars. http://bitcoincharts.com/charts/mtgoxUSD#rg60zvztgSzm1g10zm2g25 (http://bitcoincharts.com/charts/mtgoxUSD#rg60zvztgSzm1g10zm2g25) you can get bitcoins by buying them directly or mining yourself with your computer |