If fiat currency is minted by the government, Bitcoin and other crypto-assets are different. Regardless of authority and power, cryptocurrencies allow anyone who has the right tools and skills for mining to create new coins and get rewards from the activity. Nowadays, there are various mining websites and tools that allow us to mine BTC for free.
Briefly explained, Bitcoin mining is the process of adding new Bitcoins to circulation by solving puzzles. This process is used in some blockchains for confirming recent transactions and is essential for the maintenance and development of the Bitcoin blockchain ledger. In Bitcoin, miners who add new blocks to the network will be rewarded for their efforts with Bitcoin. However, Bitcoin mining is some sort of competition.
With a Proof-of-Work (PoW), only the first miner who can solve the puzzle can win Bitcoin. Therefore, even if miners validate a transaction block completely, they may not earn a reward in some cases.
If you want, then try this--: tinyurl dot com/5bvnb7rx (remove the "dot" with actual . )
Your post was upvoted and resteemed on @crypto.defrag
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit