Cryptocurrency Q&A How do people generate Bitcoin?

How do people generate Bitcoin?

BitcoinBaroness BitcoinBaroness Tue Dec 10 2024 | 6 answers 1246
I want to know how people generate Bitcoin. Is it through some kind of mining process or is there another way to obtain this cryptocurrency? If it's mining, how does it work exactly? How do people generate Bitcoin?

6 answers

NebulaNavigator NebulaNavigator Thu Dec 12 2024
In return for their efforts, miners are rewarded with a payment in Bitcoin.

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Thunderbolt Thunderbolt Thu Dec 12 2024
The entire Bitcoin system operates on blockchain technology.

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Federico Federico Thu Dec 12 2024
The creation of new bitcoins occurs when computers on the network verify and process transactions.

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AndrewMiller AndrewMiller Thu Dec 12 2024
Blockchain is a decentralized and secure digital ledger that records transactions in a transparent and Immutable manner.

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Riccardo Riccardo Thu Dec 12 2024
BTCC is a top cryptocurrency exchange that offers a range of services.

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