What is Bitcoin Mining ?
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| Bitcoin Mining |
Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released.
Anyone with access to the internet and with sutiable and perfect hardware can participate in mining. The mining process involves compiling recent transactions into blocks and trying to solve a computationally difficult puzzle.The mining depends upon difficulty of the blocks which mining hardware tend to solve in the form of transaction.
Inreturn the pool you are connected will give you rewards of you solve the block/puzzle first.
End of article you should also read about hardfork and softfork.
Source:- Investopedia
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