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What is Bitcoin Mining

Encyclopedia of E-Commerce Development, Implementation, and Management
the process to create a new Bitcoin block for the block chain.
Published in Chapter:
Bitcoin for E-Commerce: Principles and Applications
Xunhua Wang (James Madison University, USA), Brett Tjaden (James Madison University, USA), and M. Hossain Heydari (James Madison University, USA)
DOI: 10.4018/978-1-4666-9787-4.ch072
Full Text Chapter Download: US $37.50 Add to Cart
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A Maturity Model for Understanding and Evaluating Digital Money
Is the process by which transactions are verified and added to a public ledger known as the blockchain. As participants provide computing power to the bitcoin network, bitcoins are released to them. Anyone with access to the Internet and suitable hardware can download the bitcoin app and participate in mining.
Full Text Chapter Download: US $37.50 Add to Cart
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