How to Mining Bitcoin ❓
How to Mining Bitcoin ❓
For this article, we would like to present about the matter of mining what is known as Bitcoin. That there is a way to dig how to leave each other. If you're ready, let's go see it.
📌 Get to know Bitcoin mining
Bitcoin scrubbing is an approach to the origins of Bitcoin. It is created with the creation of new blocks within the network which is different from other types of mining. In the part that is not physically mined Rather, it is a method of decoding mathematical equations through a computer device. which computer equipment for mining Bitcoin There is a program that is a special program that has algorithms for trial and error to solve mathematical equations. It has the ability to perform millions of computations to solve the predefined code.
📌 How Bitcoin Mining Works How does it work?
So that you are able to understand easily. I would like to explain how Bitcoin mining works. According to the following example Assume the character of Mr. A. Want to make purchases from Mr. C. which required Mr. A to transfer the value of that to Mr. C in the amount of 3 Bitcoins, with the following steps:
1. to make an announcement
which in the garden of Mr. A's wallet 3 Bitcoin Payments To Mr. C Wallet Announced and to the full node, all of which are linked to Mr. A's wallet. The full node itself is a special wallet that receives transactions containing various information. all of the blockchain
2. Distribution of information
In which the full node will be reviewed for Mr. A's transactions and other transactions. pending If Mr A's transaction does not conflict with other transactions, the full node will be distributed through the Bitcoin network of Mr. A's transaction data.
3. Miners start working.
In this section, miners will have all the data of the blockchain and will examine the new transactions announced on the Bitcoin network. The miners will start working to collect all new and valid transactions. Posted in the current blog
4. Making Blockchain Verification
After the miner is able to solve the problem of the current block that has successfully completed Mr. A's transaction, The block is posted to the network if most of the full node is in favor of the block. That block will be added to the blockchain section. The transaction status of Mr. A has been confirmed once.
As of now, Mr. C will receive 3 Bitcoins from Mr. A and Mr. C will be able to send the items to Mr. A successfully.
How are you? Hope this article will be useful for all readers. And see you again in the next article.
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