![]() ![]() What we have previously associated mining with that of gold and sunken treasures, the same term can also be applied to acquiring digital currency.īitcoin or cryptocurrency mining software is used to generate new cryptocurrency and introduce components to an existing Blockchain. If you’re confused about what that means, don’t worry, so do a lot of newcomers. But while Bitcoin can be purchased with real cash, it’s more commonly “mined” using a combination of specialized hardware and software. While some people would argue that Bitcoin is only a passing fad, many people see it as the future of commerce itself. No, you don’t actually have to physically mine the coins like gold. ![]()
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