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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—˜π˜ƒπ—²π—»π˜& 33; 𝙒𝙖𝙑𝙣π™ͺ𝙩 π™˜π™€π™€π™ π™žπ™š β€” |π˜Ύπ™Šπ™Šπ™†π™„π™€π™‚π™π˜Όπ™ˆ| from de


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