What is Bitcoin Mining?

For more information: https://www.bitcoinmining.com and https://www.weusecoins.com

What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? This short video is an animated introduction to Bitcoin Mining.

Credits:
Voice - Chris Rice (www.ricevoice.com)
Motion Graphics - Fabian Rühle (www.fabianruehle.de)
Music/Sound Design - Christian Barth (www.akkord-arbeiter.de)
Andrew Mottl (www.andrewmottl.com)
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  • Ejsinggamer

    I'll probably never do Crypto mining thing, probably because I don't want to be a selfish asshole who uses gpu's witch were made for Gaming and use them to get virtual money.Crypto miners are literally making some of the gpu's twice the price.Not all gamers a rich ffs.We just want to do the thing we love...

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  • Noob Dasher

    im getting 1-1.3 bitcoins a month is dat good?

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  • Open Me

    So you solve math and gain bitcoin?

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    https://youtu.be/_-4U5CdGEbg

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  • Nemesio Garcia

    I dont understand...

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    and now, a gtx 1080 costs double it's original price

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  • Ali Dhanji

    Can I put a link of this video on my website. A wordpress im doing right now for cloud mining.

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  • KRAKEN91O

    The only value is the value we give it, the only real need for bitcoin is so people can do bad things anonymously

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  • Olya A.

    THIS IS REALLY SCREWED UP. Did anyone notice how sexist this video is? Not a single female character is used in explaining of this video. What the hell is wrong with you? And by "you", I mean the writers and producers of this video.

  • Frishy Frishter

    This comment is for those that do not know about Bitcoin mining.Bitcoin mining work by solving math problem by every Bitcoin transaction.In your CPU or GPU have a code that have many number per second to solve math problem.

  • dan foff

    i stil don't get it....you mean to tell me if i solve stupid math problems i earn fractions of bitcoins....why doesn't the government send me some useless math problems to solve which doesn't provide any service to society and then give me money for it wtf....

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  • Ryan Brown

    Really not worth it you need like 18 top spec gpu's as well as other components and cooling equipment which would cost at least £8000 just to make around £200 a week (excluding running costs). Just to make even would need to run it almost a year and thats if running full time so I can imaging parts would need replace after so long. All this to say if bit coin hold up after that year but its classed as a investment and not all investments hold up.

  • jomsart

    still vague... wtf is the math for? uninformative video.

  • Alex PlatinCoin

    yes it is bitcoin. cool. but I have now invested in Platincoin. I believe that the company will strengthen the position of PLC at a high level

  • Ryan M

    Math problems wtf? Someone please explain more.

  • Aleksandar Stevanovic

    Ok, i7 has about 70 gflops, that's 70 BILLION math operations per second, (god knows how many mining rigs have)... So if you leave a single CPU overnight it's a ridiculous amount of calculations... Multiply that with more and more bitcoin miners out there... Who in a world needs that much of processing power?

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  • tavi john

    maibe we can pay a website with 10% of CPU power instead of watching ads thus no ads no google analitica , no safety issues

  • Alex Nezhynsky

    Let me get this straight. I will need to buy a black box for 2k and pay insane electricity bills so I can get virtual coins and then sell them at $10k USD later on? Sounds like the dumbest scam ever.

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  • Mr Borrowed Time

    I just wanna buy a gpu to play PUBG 😢😭😭

  • Watch With Me

    Still don't understand what the hell this is 🤔😔

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  • DamianZocker

    Is it illegal?!?!?!?!?!?!?!? PLEAS anser

  • Dom Velasco

    https://youtu.be/QYGDZ7wVqQs

  • Tudor

    Soo... Why the fuck you would solve math problem?For what purpuose ????

  • Acid

    So you cant mine with an Intel Hd? XDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

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  • Antonia Eliza Dos Anjos

    GMT cambió mi vida...por lo menos gano algo y me va mucho mejor

  • Ninja Dude

    So i wont get in trouble?Real mining?And i play a game to get these?

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