How Does Bitcoin Mining Work? Explained in Three Difficulty Levels – Easy Beginner, Advanced, Expert





▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io

Bitcoin Mining can be extremely confusing. What is it, how does it work and what’s the purpose behind it? These are the questions we answer on three different difficulty levels. Building new blocks of understanding on each level. From beginner to advanced to the Bitcoin veteran.

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Further Sources:
SHA256 creator:
Calculating probabilities:
What does it cost to mine a bitcoin?:
Binance Academy, 51% Attack:

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Chapters:
0:00 – Introduction
0:36 – Level 1: Beginner
3:30 – Level 2: Advanced
7:30 – Level 3: Bitcoin Veteran

▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io



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