FAQ

Frequent Bitcoin Questions
Jul
05
What is a Mining Pool?

What is a Mining Pool?

What is a mining pool? Learn how collective hashrate increases reward frequency and helps miners compete in a high-difficulty environment.
3 min read
Jul
01
Simple Mining Hosted Bitcoin Mining

Benefits of Hosted Bitcoin Mining with Simple Mining

Discover the benefits of hosted Bitcoin mining with Simple Mining. Learn about flexible contracts, transparent rates, and expert onsite support.
1 min read
Jun
22
What is Curtailment?

What is Curtailment?

What is curtailment? Learn how Bitcoin miners act as the ultimate "demand responders" to stabilize the power grid and earn valuable energy credits.
3 min read
Jun
18
Bitcoin Proof-of-Work

What is Proof-of-Work?

Bitcoin's value comes from energy. Discover how Proof-of-Work (PoW) secures the network and creates unforgeable digital scarcity.
3 min read
Jun
17
What is a Blockchain?

What is a Blockchain?

What is a blockchain? Learn how Bitcoin’s decentralized timechain uses proof-of-work to create a secure, transparent, and immutable ledger.
3 min read
Jun
17
How Does a Bitcoin Transaction Work?

How Does a Bitcoin Transaction Work?

Learn how Bitcoin transactions work without middlemen. Explore the journey from signing and broadcasting to network validation and mining.
3 min read
Jun
13
What is a Hash?

What is a Hash?

What is a hash? Beyond the potatoes, learn how SHA-256 hashing secures Bitcoin, defines miner efficiency, and makes the blockchain immutable.
3 min read
Jun
13
What is a Bitcoin Halving?

What is a Bitcoin Halving?

What is the Bitcoin halving? Learn how this programmed event secures scarcity, reduces supply, and shapes the future of the 21 million hard cap.
2 min read
Jun
03
How to Buy Bitcoin

How to Buy Bitcoin

There are only so many ways to obtain bitcoins. You can buy bitcoins from someone else, you can mine bitcoins,
2 min read