10-08-2019, 01:01 PM
What really excited people about blockchain’s advent was the ability to create Bitcoin, a digital coin that could be created by solving complex encrypted mathematical formulas. In essence, computer savvy users were able to “mine” Bitcoin, creating products that had value using sheer computer processing power.The first Bitcoin miners were deep into computer science, and most of them used Bitcoin as an intellectual activity and challenge. The value of the Bitcoin was initially established as worth merely a few cents, with trading done between users via an online Bitcoin forum.