what is bitcoin

What is ' Bitcoin Mining ' Bitcoin mining is the process by which transactions are verified and added to the  public ledger, known as the block chain, and also the means through which new  bitcoin are released.  Anyone with access to the internet and suitable hardware can  participate in mining.  The mining process involves compiling recent transactions  into blocks and trying to solve a computationally difficult puzzle.  The participant  who  first solves the puzzle gets to place the next block on the block chain and claim  the rewards.  The rewards, which incentivize mining, are both the transaction fees  associated with the transactions compiled in the block as well as newly released  bitcoin source  :- http://7club.us what is bitcoin bitcoin price live gold price live chart