Bitcoin Mining
What is mining?
Mining is the process of preparing transactions in the digital asset system. Records of ongoing transactions, called blocks, are supplemented to the record of prior transactions, known as the blockchain. A Bitcoin is characterized by the digitally endorsed record of its transactions, which started from its formation. Miners use an operating program that connects with their operating capacity to decipher algorithms. Once the algorithms have been solved, the miners are then allocated a number of Bitcoins per block. The blockchain averts attempts to expend a Bitcoin more than one time. Hence, why Bitcoins cannot be counterfeited or copied and pasted.