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Bitcoin: Synchronizing with network – What is it doing?

Bitcoin Synchronizing With Network_ll If you are new to Bitcoin you might wonder what the Bitcoin software is doing when it says synchronizing with network

Bitcoin downloads transaction data:

The Bitcoin software keeps track of all transactions in a pool of data. In order to verify transactions you need to download that data before you can use the Bitcoin software

Downloading the data can take hours, so you should let your PC run for a while.

Here’s a screenshot of what it looks like – at the bottom there should be a green bar

Bitcoin Synchronizing With Network.png

Even if you have a good CPU, the Bitcoin software might put a strain on your hardware

Bitcoin Cpu Usage.png

In some cases, the CPU won’t be fast enough and you will run in lags, freezes and blue screens. In that case you can either try to overclock your CPU or get a new one, both options will take time and money.

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Published: Wednesday, April 3rd, 2013 Last Modified: April 3, 2013

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