How does solo Bitcoin mining work?

Questions and Answers

When you are bit mining, what exactly is your PC processing and why is it worth anything? I know when bit mining that the computer is looking to find the "block" and that currently a block is worth 50 bit coins, but what exactly is the block? Who uses the block? And why is it worth anything?tagma2wm

If you are solo mining your computer is trying to solve a complicated proof-of-work math problem. As the difficulty rises the solution becomes harder to find. The more powerful your computer is the more solutions it can try out and the faster it can solve. The block the the problem being solved. ng you are only trying to solve a portion of the solution.
Bitcoins are worth something only because people were trading real money and using bitcoins as a currency. Its only worth something because people were using it like real money. Another factor is the number of bitcoins available to mine; the amount available decreases as time increases so eventually all bitcoins will be mined.

Hi, Im about to preorder a it has 4.5 Gh/s, and i would like to know if that is good enough to solo mine, or if i should stick with pooled mining, I would also like to know a good place to mine bitcoins, that can take advantage of 4.5 Gh/s. Such as: or something else. I would also like to know if i should use the regular bitcoin-qt client or something else, thank you.tagma2wm