Bitcoin mining is a process in which computers solve a number of complex problems in the bitcoin network and get BTC as a reward.
Offering a strong alternative to the traditional banking system with its decentralized approach, the system is self-functioning in bitcoin. When transferring from one wallet to another, no help is received from any center. Instead, a technology called blockchain is used. In this technology, blocks containing information about bitcoin transactions are linked in a chain. Miners process their transactions into the public Blockchain ledger through their powerful computers, so transactions are confirmed.
People who do bitcoin mining are called “miners”. In this process where solving complex problems is profitable first, miners are in close competition with each other. The mining concept is one of the columns that keep the bitcoin network safe. Because, mining can be prevented from copying transactions and results in a series of approvals.