Bitcoin - Cryptocurrency/Bitcoin Mining

Let me ask you a question, How the Cryptocurrencies are made...? Who are making these currencies…? These currencies are have been available for a long time age. For example -: Bitcoin. Bitcoins are not created as a paper currency, Bitcoin are generated by the Bitcoin Mining .

Bitcoin mining is just same as the mining of a general resources like gold,etc. It is presented in a finite number, we just mine them. Same happens in the case of Bitcoin Mining, it is presented in finite number and we just mine them. There are total 21 (2.1 Crores) million Bitcoin out of which we have mined over 18 (1.8 Crores) million and about 900 Bitcoins we generates everyday.

Satoshi Nakamoto is the person who created Bitcoin as an alternative to our current Banking System. Bitcoin give us an alternative of our current banking system, as we do transaction in our banks, we can also make transactions through Bitcoins. But here is the catch Banks has the centralised system to maintain their records. …..Read Full Article on -: https://www.changingdecade.com/2022/07/bitcoin-mining.html

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