Comment: Lot's of really good background info....

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Lot's of really good background info....

can be found here

They are not really given at random, but rather who ever solves the next block. Each block is currently worth 50 bitcoins. The more computing power you contribute then the higher probability you have of finding the solution to the next block.

Mining has created something called block chain technology which is the first ever widely distributed database that everyone can access and at the same time is extremely secure against any modification. It's practically impossible! This is very innovative and few realize what other possibilities will come available because of this.

“I’m fully diversified. I’ve got some under the mattress, some under the floor boards, some in the backyard.”