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Banking on Bitcoin

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Technology

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Technology

What Is a UTXO? How Bitcoin Tracks Ownership

Bitcoin has no account balances. Learn what a UTXO is, how change and fees work in a simple example, and why unspent outputs matter for privacy.

Technology

What Is a Bitcoin Node? What Running One Means

A Bitcoin node downloads and checks every block and transaction itself. Learn how nodes differ from miners and wallets, and what running a full node takes.

Technology

Is Bitcoin Mining Legal? What the Rules Cover

Is bitcoin mining legal in the US? No federal ban exists, but utility, zoning, tax and business rules apply. Here is what each covers and where to check.

Technology

How Long Does It Take to Mine a Bitcoin?

How long it takes to mine a bitcoin depends on your share of the network's computing power. Learn the math, why pools exist and why cloud mining is risky.