Coins are created through the process of mining. This is a process that involves individuals getting rewarded by the network for their help in solving very difficult math problems. By solving these problems, miners validate “blocks,” which are essentially just a list of transactions that took place in the last x amount of time. If you’d like to learn more, here is a helpful video on bitcoin mining.
Modified on: Thu, 5 Mar, 2015 at 4:34 PM
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