Bitcoin mining explaned : How bitcoins are generated?

2019-2-7 10:58

Bitcoin mining serves a 2-way purpose: of adding verified transactions into the blockchain; and of releasing new Bitcoins.  Yet, bitcoin mining is primarily done to let Bitcoin nodes to reach a secure, alteration-free consensus.

If we talk of bitcoin mining in a simplified way, we may say that the process involves collate the recent transactions

The post Bitcoin mining explaned : How bitcoins are generated? appeared first on ItsBlockchain.

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