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Dec 15, 2017 The nature of how bitcoin works is highly controversial; it's digital and, unlike money, is not regulated in most markets like traditional currency and currency trades. There's even been a few Bitcoin mining apps that snuck into Apple's App Store, though the company quickly pulled them. But, as I said, the 

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At a high level, the miner software takes a list of active transactions, and then groups them together in something called a "block". Or more accurately That's what the proof of work does -- it makes it so that when I claim the reward it is easy to prove that I really did the work involved. So for me to have a 2%