Confirming Bitcoin Transactions

Bitcoin Questions and AnswersCategory: General questionsConfirming Bitcoin Transactions

Harvey Lowe asked 2 years ago

I would like to know how to start making money by confirming bitcoin transactions, I have searched the internet and found nothing. Well, only breifly how transactions are made and not how to actually start doing it yourself.

1 Answers
Best Answer
Ofir Beigel answered 2 years ago

Hey Harvey,
I assume you’re talking about becoming a Bitcoin miner. Miners are the people who maintain the Bitcoin network and confirm the different Bitcoin transactions. Become a miner today is pretty hard as it has become a very competitive landscape. This post covers everything you need to know about¬†the profitability of Bitcoin mining.
This post explains how to start mining at home (although it’s not profitable at the moment).
Let me know if you have any more questions.
Ofir

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