𝐇𝐈𝐑𝐈𝐍𝐆] 𝗣𝗘𝗦𝗢𝗡𝗔 𝗜𝗡𝗗𝗢𝗡𝗘𝗦𝗜𝗔 𝗥𝗢𝗟𝗘𝗣𝗟𝗔𝗬𝗘𝗥 ※ ·❆· ※

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How Does Bitcoin Mining Work?

Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. “This is how new coins are created” and new transactions are added to the blockchain, says Okoro.

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Created Date: 2021-09-20

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