What exactly is a Bitcoin miner doing?


SUBMITTED BY: santmehta1298

DATE: Oct. 21, 2017, 6:16 a.m.

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  1. Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place

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