Bitcoin mining

Have you ever wondered where bitcoins come from. These are the same bitcoins that you buy from a cryptocurrency dealer or a bitcoin ATM. There is a primary source for these bitcoins and anyone can become a miner and get bitcoins from the source and accumulate them daily until the price is right to sell.

If given a choice between buying bitcoin or mining bitcoin daily, what will you choose? To help you make an informed decision about where to put your money, you need a lot of information which will guide you that is not readily available to anyone. We are here to educate you about bitcoin and the technologies behind it for free. Some of this information is available on our webpage (https://www.dubeminer.com). You can get more information on bitcoin and the rest of the cryptocurrency ecosystem and the technologies involved by subscribing to our free regular newsletter. You also have the option to ask specific questions which we will answer to the best of our abilities. The main objective is to provide you with this valuable information at one location without having to sweat searching for it. By increasing the awareness on bitcoin and cryptocurrencies, we contribute to increasing the number of people who want to use bitcoin; thereby increasing its demand and ultimately its price. Then we all benefit from the price increase in the future.

Anyone can be involved in bitcoin mining, all you need is a computer and a power supply. This computer is the one that is called a miner as it is the one verifying transactions, competing with other miners to solve some math puzzle to hit a bitcoin block and be rewarded with new bitcoins. In the early days of bitcoin mining, it was done on personal computers and as more miners came online, graphic cards were used. When more miners join, the difficulty of mining goes up; thereby increasing the power needed to hit a bitcoin block. It is therefore too expensive and almost impossible to mine as an individual. Furthermore, there are maintenance costs, costs of upgrading to the latest machinery to stay competitive and high technical expertise needed. That is the reason why companies join to form pools and mine in such pools and share the profits. If you want to join bitcoin mining as an individual, you have some options available to you, where you can compare the pros and cons and then decide if you want to get in or how you want to be involved. Visit our page and get all the information you need.