🇬🇧 Pill 💊 #6 – What is Bitcoin mining? (simple explanation)

Mining is the process that secures Bitcoin transactions and creates new coins.

How does it work in simple terms?

⛏️ Miners use powerful computers to solve a mathematical puzzle.

🏁 Whoever solves it first adds a block to the blockchain.

🎁 As a reward, they receive newly issued Bitcoin.

Thanks to mining:

✔️ The network stays secure and decentralized

✔️ No one can cheat or fake transactions

✔️ New Bitcoin enters circulation in a transparent and predictable way

⚡If this pill was helpful, zap me!

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