BITCLUB NETWORK MINING POOL
Bitcoin and other digital currencies operate as peer-to-peer networks, which means everyone who uses the currency is actually a piece of the system. Mining is simply the term used for maintaining the blockchain and verifying each transaction.
Miners use special hardware to solve complex math problems and are issued a certain number of new Bitcoins in exchange. This provides a unique way to issue the currency and also creates an incentive for more miners to participate.