All You Need To Know About Bitcoin Mining – NDTV.com

Unlike regular currencies that are printed, these digital assets, including Bitcoin — the world’s largest and oldest cryptocurrency — are mined.

If you have only heard of buying or selling Bitcoins, the term ‘mining’ may be a new one for you.

To make it simple, let’s take an example of precious metals and the way they are mined.

The higher the processing power of your computer, the higher will be the mining speed and profit.

As far as the GPU method is concerned, the computational power is increased with many GPUs that work together.

If you cannot opt for your individual mining devices, you can go ahead and join a mining pool where your resources are clubbed with other people mining the coins.

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