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Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. Itâs 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. âThis is how new coins are createdâ and new transactions are added to the blockchain, says Okoro.
Chinaâs stock markets are some of the largest in the world, with total market capitalization reaching RMB 79 trillion (US$12.2 trillion) in 2020. Chinaâs stock markets are seen as a crucial tool for driving economic growth, in particular for financing the countryâs rapidly growing high-tech sectors.Although traditionally closed off to overseas investors, Chinaâs financial markets have gradually been loosening restrictions over the past couple of decades. At the same time, reforms have sought to make it easier for Chinese companies to list on onshore stock exchanges, and new programs have been launched in attempts to lure some of Chinaâs most coveted overseas-listed companies back to the country.
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