How Bitcoin Mining Works: A Complete Beginner’s Guide

Blockonomics
How Bitcoin Mining Works: A Complete Beginner's Guide
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How Bitcoin Mining Works: A Complete Beginner’s Guide

Bitcoin  is the process by which new bitcoins are introduced into circulation and plays a crucial role in maintaining the Bitcoin network. If you’re new to Bitcoin mining, this guide will break down the basics, including what mining is, how it works, and what you need to get started.

What Is Bitcoin Mining?

BTC mining involves using computational power to solve complex mathematical problems. These problems verify transactions on the Bitcoin blockchain, ensuring the network remains secure and decentralized. In return for solving these problems, miners are rewarded with newly created bitcoins and transaction fees.

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