Understanding Bitcoin Mining and Consensus Mechanisms
What is Bitcoin Mining? (Explained for Beginners)BTC mining is the computational process that powers the proof-of-work Bitcoin network, securing transactions and generating new bitcoins. Unlike traditional currencies issued by central banks, Bitcoin relies on a decentralized network of miners who contribute their computing power to validate BTC transactions and maintain the blockchain's integrity.This process began in 2009, when Satoshi Nakamoto launched the Bitcoin network with a vision to crea
