This is also called Proof-of-Work or PoW. This process is referred to as mining as an analogy to gold mining because it is also a temporary mechanism used to issue new bitcoins. Buy Gold With Bitcoin Bitcoin Technology Fiat Cryptocurrency Meaning Price Of Bitcoin Cash Inexpensive Bitc What Is Bitcoin Mining Bitcoin Mining Buy Bitcoin Bitcoin mining is the process of creating or rather discovering bitcoin currency. What does it mean to mine bitcoins . Bitcoin maintains a public ledger that contains past transactions and mining is the process of adding new transactions to this ledger. Miners are essentially the integral part of this network of computers so theyre part of this network. Unlike real-world money that is printed when more is needed bitcoin cannot simply be willed into existence but has to be mined through mathematical processes. Bitcoin mining is the process by which new bitcoins are entered into circulation but it is also a critical component of the maintenance ...