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oldfogie replied to the topic Bitcoin: does anyone get it?? in the forum Chit Chat 5 years ago
@jaz Think of mining as a code cracking ‘game’.
A person whose identity is not known set up a software ‘game’ called a Bitcoin Mine.
Its fiendishly complicated code, and it adjusts itself to how many coins are being successfully ‘mined’, so it only allows a certain number to be ‘mined’ in a given time. So as more people mine, it gets harder to…[Read more]
