Beginner's Guide
Part 5: How are blocks created?
Today you can buy a computer that is specifically designed for creating bitcoin blocks. Similar to home computers where you shop for them based on their features and speed. The same is true for bitcoin; computers from 2018 are still running today along with all the newer models with much faster speeds. Hashrate is the […]
Read More
Beginner's Guide
Part 4: What is the blockchain?
Think of bitcoin as a type of accounting software that keeps track of one type of transaction. Those transactions need to be stored all over the world. To allow for computers around the world to keep up to date with other computers, the data is stored in “blocks” and transmitted to all the other bitcoin […]
Read More