What is Bitcoin Mining? A Simplified Explanation

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jjmesas
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Hey Cadets, in this episode we will be covering one of the most complicated topics in the cryptocurrency ecosystem, bitcoin mining. What exactly is bitcoin mining? What is the history of it and what are the different types of miners out there? We broke it down as simply as we could, and animated some topics to help you visualize and learn. Enjoy!

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Timestamps:
00:18 - Topic Intro
00:38 - Blockchain Explained
01:28 - Nodes & Miners
04:50 - Nonce
05:37 - Bitcoin Transactions
07:25 - Mining Process

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#bitcoin #blockchain #mining
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Bitcoin Mining
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