This question already has an answer here:

So I've been trying to learn about bitcoin, I'm a kid. It is really confusing. Is BitCoin basically a game since you solve math equations for money? And also, do the math equations do anything or are they just random and because you solve them, you get a reward for your intelligence?

marked as duplicate by Murch May 31 '17 at 20:52

This question has been asked before and already has an answer. If those answers do not fully address your question, please ask a new question.


Yes, its kinda like solving really hard math equations.

Mostly done by specificaly made machines like this one: Antminer S9

But this video explains it all https://www.youtube.com/watch?v=GmOzih6I1zs


The solving process is called "mining". It's useful to make creating blocks with transactions hard and that makes it hard to spend Bitcoins that were already spent.

Not the answer you're looking for? Browse other questions tagged or ask your own question.