Bitcoin is a form of cryptocurrency or considered as electronic cash, this digital coin has highest rate in the international market. It has decentralized networking system free from the rules of governing authority. Bitcoin mining is a process in which transactions are added to the digital ledgers that are called as block chain, it works to verify and manage transactions. It is also a mean of releasing new bitcoins to the miners.
The mining involves combing previous transactions with the new that creates a block the miner solves a complicated mathematical puzzle on this blockchain and who solved first can get a bitcoin in a reward. All the data is recorded the public digital ledgers and is secured for the miners.
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