Bitcoin Mining Process.
Bitcoins are created each time a user discovers a new block.
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network. Bitcoins are not created each time a user discovers a new block, but rather, the process by which new bitcoins are introduced into circulation is called mining. Mining is the process by which new bitcoins are created and transactions are verified.
When a miner discovers a new block, they are rewarded with a certain number of bitcoins as well as any transaction fees associated with the transactions included in that block. The number of bitcoins that a miner is rewarded with decreases over time, and eventually, the maximum number of bitcoins that can be mined will be reached, at which point no new bitcoins will be introduced into circulation.