In a group discussion with some friends on Bitcoin and other cryptocurrencies, one of them asked this question: How are bitcoins created or produced? Are they printed like normal paper currencies?\u2019.We all had a good laugh and then I explained the process.Bitcoin Mining is simply a process by which transactions are verified. These verified transactions will result in a block being added to the blockchain. It is referred to as the Blockchain because it is a chain of blocks.It can also be seen as a means by which new Bitcoins are created. When miners confirm transactions, they are rewarded with a certain amount of Bitcoins, thus releasing new coins into the network.Bitcoin mining is quite a competitive business because new miners are always coming in with new strategies that could displace the old ones.In the early Bitcoin years, solo mining was the order of the day. Solo mining involves individuals mining Bitcoins using their phones or laptops.But as mining difficulty rose, miners resolved to what is known as Pool mining. Here, miners pool computational power together to mine on the Bitcoin network.At the end of the day, the block reward received is shared according to the amount of computational power contributed by individual miners.Nowadays, people indulge in Cloud mining where you purchase an amount of hashrate from mining companies and they will, in turn, pay you mining output after deducting their charges.When a transaction is sent over the Bitcoin network, the transaction is broadcasted to the nodes which validate it. At this point, the transaction is unconfirmed though valid.The miners, first of all, gather all the unconfirmed transactions into a block and get to work trying to get the new block into the blockchain.They use their supercomputers to solve a mathematical equation. This simply means that you have to be\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Em uma discuss\u00e3o em grupo com alguns amigos sobre Bitcoin e outras criptomoedas, um deles fez a seguinte pergunta: Como os bitcoins s\u00e3o criados ou produzidos? S\u00e3o eles [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3169"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3169"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}