What is bitcoin mining?

Bitcoin operates as peer to peer network. this means everyone who uses Bitcoin is the tiny fraction of Bank of Bitcoin. but where do bitcoins come from with paper money a government decides when to print and distribute money. bitcoin doesn't have a central government with bitcoins, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency. and also creates an incentive for more people to mine. Since miners are required to approve bitcoins transactions more miners need a more secure network the Bitcoin network automatically change the difficulty of math problems depending upon how fast they are being solved in the early day's Bitcoin miner solved these math problems with the processors and their computers. Soon miner discovered that graphics card used for gaming were much better suited to this kind of work. Graphics cards are faster, they used more electricity and generate a lot of heat. The first commercial mining products included chips that were reprogrammed for mining Bitcoin. These chips were faster but still power hungry. ASIC or application specific integrated circuit, chips are designed especially for Bitcoin mining ASIC technology has made Bitcoin mining even faster while using less power. as the popularity of Bitcoin increases. more miners join the network making it more difficult for individuals to solve the math problems to overcome this miner has developed a way to work together in pools. Pools of miners find solutions faster then there individuals members and each miner are rewarded proportionate to the amount of work or she provides, Mining is important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network, stable safe and secure.