Bitcoin mining is the process by which Bitcoin transactions are validated digitally on the Bitcoin network and added to the blockchain ledger.
Bitcoin Mining done by solving complex cryptographic hash puzzles to verify blocks of transactions that are updated on the decentralized blockchain ledger.
Miners need to invest in high-end computer hardware like a graphics processing unit (GPU) or, more realistically, an application-specific integrated circuit (ASIC) in order to mine effectively.
In 2022, miners obtain 6.25 bitcoins for their activity. Nevertheless, in 2024 the platform will reward them with 3.125 bitcoins. The reward is paid to the miner who solves the puzzle first.
Bitcoin is mined using custom-built computing systems and miners earn bitcoin in exchange for validating bitcoin transactions by solving a "hash" on the blockchain.
If you've looked into the possibility of starting bitcoin mining, check out :