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What is Bitcoin Mining?


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Bitcoin mining is a process of mathematical calculations performed on the Bitcoin network. As already known, Bitcoin runs in an online system, and the purpose of the mathematical calculation is to verify bitcoin transactions on the Internet. By performing such verification, a bitcoin miner will get a new block loopholes in the Bitcoin network, which contains a number of new Bitcoin and can be taken

That's where a Bitcoin miner, will get a Bitcoin for themselves. The more the verification process and discovery of new blocks, then bitcoin that can be mined will be more and more also. Got it?

So how does someone do verification and discover new block in the Bitcoin network? just like us who want to open a Word file or mp3 file, Bitcoin mining also work the same way. But when we have entered the Bitcoin network, a process that will be done will be much more severe because the computer is required to unlock the data that has been protected by strict security system. Therefore, in doing Bitcoin mining, has a high specification device with an obligation.

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