How does bitcoin come into existence?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! Bitcoin is created through a process called mining. Miners use powerful computers to solve complex mathematical problems, and when they solve a problem, they are rewarded with newly created bitcoins. This process is decentralized and ensures the security and integrity of the Bitcoin network. So, in short, bitcoin comes into existence through the mining process.
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• Dec 18, 2021 · 3 years ago
  Bitcoin comes into existence through a process called mining. Miners compete to solve complex mathematical problems, and the first one to solve it gets to add a new block to the blockchain and is rewarded with bitcoins. This process is designed to be secure and transparent, ensuring the integrity of the Bitcoin network.
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• Dec 18, 2021 · 3 years ago
  Bitcoin comes into existence through a process called mining. Miners use specialized hardware and software to solve mathematical problems, and when they find a solution, they add a new block to the blockchain and are rewarded with bitcoins. This process is essential for maintaining the security and decentralization of the Bitcoin network.
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