Bitcoin mining

Coin issuance and transaction verification

SIf there is no bank controlling balances or money transfers, who is responsible for recording operations? This is where the famous Bitcoin mining comes into play. Miners are people who configure their devices to work verifying transactions.

Bitcoin mining

In exchange for this effort, the system gives them bitcoins that are not yet in circulation. This amount they receive is intended to cover the electrical costs of the task carried out in favor of the network.

Since there are always many people doing this activity, the service for the use of Bitcoin is fully guaranteed. This has meant that its use does not stop increasing during the ten years that it has been operational, thus becoming the first transaction network governed by users and, in addition, the most secure and powerful in the world.