How Bitcoin Works – Why Mining is Important

For more tutorials, please visit https://cryptotradia.com Today we discuss the fundamentals of Bitcoin on a basic level and examine a basic break down of mining and how it plays a critical role in the bitcoin & blockchain protocol. Most people don’t realize the role of mining or how mining actually works and what role it plays. They just assume that people mine to make automatic profits and there is just much more to it than that! Not only does mining generate you profit, but it provides a layer of security to the bitcoin network.