+14 What Is A Miner Cryptocurrency Ideas. Bitcoin mining is the process of creating new bitcoin by solving puzzles. According to blockchain.info, blocks can hold thousands of transactions.
Bitcoin mining is the process of creating new bitcoin by solving puzzles. It provides financial incentive for participants (miners) to dedicate resources to the network, and the resources dedicated help secure the network from attackers. Cryptocurrency mining is painstaking, costly, and only sporadically rewarding.