what is bitcoin? - Galkacyo Media

How Bitcoin Works?

Galkacyo Media1 month ago4 weeks ago013 mins

Bitcoin is a decentralized digital currency that operates without a central authority like a government or bank. Created in 2009 by an unknown individual or group under the pseudonym Satoshi Nakamoto, Bitcoin leverages blockchain technology to enable peer-to-peer transactions that are secure, transparent, and irreversible. Blockchain Technology At the core of Bitcoin is the blockchain,…

How to mine Bitcoin?

Galkacyo Media2 months ago4 weeks ago07 mins

A Comprehensive Guide to Bitcoin Mining: Bitcoin mining is the process of verifying and adding transactions to the blockchain, the decentralized ledger that records all Bitcoin transactions. To start mining Bitcoin, you will need specialized hardware known as ASIC miners, which are designed to solve complex mathematical puzzles. Additionally, you will need to join a…