What is bit coin mining?

Bit coin mining is generating new bit coins using the process of computation power. Bit coins can be mined through some software’s, you can download these software’s for free and check the how to mine bit coins section for step by step detailed information.

When the miner generates a new block it produces 50 bit coins, but with the increasing generation difficulty, mining can take up to two years to generate a new block. When you using your normal desktop or laptop to generate bitcoins we recommend to use a pooled miner, several different people contribute to create a new block and then they share it according to the contribution. Read how to mine bit coins to join a pool and enjoy mining.