Saturday, January 8, 2022

What is bitcoin mining?

 Rich people play video games all over the world. But, they might not want to play the games a week or so to gather Bitcoins in order to buy Armor and weapons and stuff in that game. So, people in poorer nations play these same games to gather bitcoins by spending hours and hours playing these games and selling them to richer video game players. This is basically where the whole cryptocurrency market started and slowly it has evolved into what it is today.

You might have a more sophisticated explanation to all this but this is what I know because my older son likes to play video games still and build computers (desktops) custom made for gaming in his spare time now. But, he is married with a son and working and is in his 40s now and plays video games often with his family especially with his 7 year old son. He has a Bachelor of Science in Nursing with honors from a southern California CSU.

 

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