Bitcoin Mining: What is it, and how do you do it?

We were just forwarded this informational video about bitcoin and bitcoin mining from Academic Earth. Academic Earth is a pretty awesome resource that offers free online courses from some of the Worlds’ leading universities. They also offer “Video Electives,” which is where the bitcoin video is housed.

Anyhow, “The Internet Know Bitcoin” does a great job of explaining the creation and function of bitcoin, as well as the process of mining bitcoin. The inspiration for the video, and the actual transcript, came from a post in the subreddit: /r/explainlikeimfive – “Explain Like I’m Five” – by DashingLeech. DashingLeech’s original bitcoin mining comment on Reddit. Check out the bitcoin wiki,, bitcoin mining on Quora, r/bitcoin, r/bitcoinmining, and for more info.

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Follow @academicearth for more videos like this, and @bitcoininfo for all the latest on bitcoin and bitcoin mining.