What is cryptocurrency Bitcoin MINING (explained for beginners) | How it works

What is cryptocurrency Bitcoin MINING (explained for beginners) | How it works


In this video I will explain cryptocurrency (Bitcoin) mining for beginners. I will answer the most frequently asked questions about mining: who are the miners, what is an ASIC, what are the different ways of mining. I will also quickly cover Cloud Mining and tell you, how can you start mining now. However, later I will make a separate video, comparing different ways of numbers and different Cloud Mining platforms.

Join cloud mining now with HASHFLARE: http://bit.ly/HashflareOfficial

or use this code “GVtMXz” and get 3% off every purchase on GENESIS MINING for mining Monero: http://bit.ly/GenesisOfficial

—– RECOMMENDED SERVICES —–

? BUY/SELL Bitcoin, Ethereum, Litecoin for the best price on Coinbase (get 10$ FREE after 100$ purchase using the link)
http://bit.ly/CoinbaseOfficialWeb

or BUY/SELL on Changelly (all countries)
http://bit.ly/ChangellyBuySell

? TRADE Bitcoin and Altcoins on the best exchange – Binance
http://bit.ly/BinanceOfficial

? SECURE your Crypto with Hardware Ledger Nano S
Amazon (Buy now): http://bit.ly/GetLedgerNow
Official website (pre-order): http://bit.ly/GetLedgerOfficial

or with Hardware Trezor
Amazon (Buy now): http://bit.ly/GetTrezorNow

⛏ The best and most popular Cloud Mining Service is Hashflare
http://bit.ly/HashflareOfficial

? Use code “GVtMXz” and get 3% off every purchase on Genesis Mining
http://bit.ly/GenesisOfficial

? Buy Anything With Bitcoin Here
http://bit.ly/PurseShop

—– SOCIAL —–

Subscribe to my YouTube channel: http://bit.ly/CoinTalk
Twitter: https://twitter.com/philippapi
Instagram: https://www.instagram.com/philippbatura
Steemit: https://steemit.com/@philippapi

—– DONATIONS —–

Bitcoin : 13YtZLjpgCrSqeG1ZnqrJZ8yxbWc5xemeu
Ethereum: 0x9bdFeb8c92003Ba10ee2878878c160FE32645c4D
Litecoin : Li3w7Tq2msGSeRbwhXoYKY4v8kCpb8bub4

**DISCLAIMER**: I am not a financial advisor and you should not consider this video as a financial advice. I am just sharing my personal opinion based on my personal experience. You should not take my opinion as financial advice. You should always do your own research before making any investment, especially in the cryptocurrency market. You should also understand the risks of investing in cryptocurrencies.

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