Bitcoin mining involves summing up of transactions to a public ledger or adding them to the previous transactions. It also involve solving various mathematical problems that are involved in the business transactions. After this people solve these people mathematical problems, they in turn get paid for these work. Its security is achieved by approving transactions made. People involved in the bitcoin mining have to keep in these activity by approving these transactions .
Bitcoin mining is profitable since it enable you to make money just from your room with the help of your laptop. In the past people thought that this was a waste of time and resources but this has come out to be a profitable activity, often anyone who earned bitcoins, went and gambled on bitcoin poker websites and didn’t pay much attention to anything else. The reasons make it very profitable and a good thing to venture into. Bitcoin mining enables you to access your profits and payment from any part of the world. It allows you to be in control of your money from where you would to be. It therefore saves your time since it does not make to change your schedule if for example you were on vacation.
Therefore you don’t have to cross borders just to withdraw your money since there is no common central location of the bitcoin network. It safe and secure as it allows you to be in total control of your money. Therefore, this prevents the wealthy people in the bitcoin industry from imposing extra charges on your money without informing you.It also allows some transactions to be made without affecting the money in your account since your money is safe and cannot be deducted by people with bad intentions.