How to make new Bitcoin?

in #bitcoin7 years ago

bitcoin-3024279_960_720.jpg
sourch

I have already said that bitkayen miners have created a hash of betake exchange using their computers. And this hash needs to get a lot more processing to create. Because this hash is to be at a certain format. And the data that it takes to create this hash has a data that is given to the computer itself

And since there is a little hash that is not understood, the hasht is not correct. So Bitcoin miner's computer has been creating thousands of hashes in a second. And see if this hash has been according to the requirements of Bitcoin's network. And what does this hash bitakayen rules mean? If that means then this hash is accepted. And as a gift, the miner is given a bit of bitcoin.

bitcoin-3374479_960_720.jpg
sourch

Bitcoin will support a total of 21 million or 21,000,000 bitcoaks in the network. Because of the limited supply, this digital currency has a good demand. Every 10 minutes, new Bitcoin is added to its system, which is awarded to miners. This award or the amount of Reward Approximately four to four years later it becomes half. Initially 50 new Bitcoin networks were added every 10 minutes. Now it is 12.5, currently 16 million Bitcoin is in the market. According to this graph, the last bitcoin will be available in approximately 2140, then no new bitcountry will be available on the network.

Until then, the miners will only earn from the transaction fee if there is bitcoin. Because of this limited supply, the price of Bitcoin will increase over time. Generally, dollars, pounds, money can be printed by any country, so that the price of the currency drops

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Great article. Keep up the good work.

Thanks, Check my previous article

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