What is Bitcoin Mining?
Bitcoin mining is a process by which computers can generate new Bitcoins by doing work that validates transactions and keeps the network secure. The current Bitcoin mining reward is 3.125 BTC per block, and it shrinks by half roughly every four years
How does a Bitcoin Works?
A bitcoin, at its core, is a token representing value. The token is digital (or virtual), and your public key is used to assign it to you. Ownership is transferred when transactions are made to another person's public key.You use your wallet, the mobile application, to send or receive bitcoin
What is Proof of Work?
Proof of work (PoW) is a decentralized consensus mechanism used in cryptocurrencies to verify transactions on blockchains and award tokens to participants. It is also known as mining, because participants, called miners, are rewarded for their work.