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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. β€œThis is how new coins are created” and new transactions are added to the blockchain, says Okoro.

πŽπ…π‚ πΓ˜π’π“π‘Ξ› πŠΞ›π‘π“π„π‹πŸ‡΅πŸ‡¬ from de


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