Bitcoin Mining Explained in 60 Seconds ⛏️⚡
Bitcoin mining is what keeps the Bitcoin network secure and decentralized—no banks, no governments.
🔹 What miners do:
They verify transactions and compete to solve cryptographic puzzles (Proof of Work).
🔹 The reward:
Miners earn BTC from block rewards + transaction fees.
After the 2024 halving, the reward is 3.125 BTC per block.
🔹 Why it matters:
Mining makes Bitcoin trustless and nearly impossible to manipulate.
🔹 Hardware reality:
CPU & GPU mining is dead.
Today’s mining is dominated by ASIC machines.
🔹 Solo vs Pool:
Solo mining = lottery odds.
Mining pools = steady, shared rewards.
🔹 Is it profitable?
Only with cheap electricity, efficient hardware, and scale.
Bitcoin isn’t secured by trust—
It’s secured by energy, math, and competition.
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