Post
Topic
Board Nigeria (Naija)
Re: Bitcoin mining
by
Bright0515
on 05/09/2025, 15:06:59 UTC
COME TOGETHER FOLKS LET'S DISCUSS ON A GLOBAL TRADING ASSET "BITCOIN“
Bitcoin Mining & Blockchain Basics
Bitcoin transactions are verified by miners who use computing power to solve complex problems. This process secures the network and adds confirmed transaction blocks to the blockchain, making them tamper-proof.
Block Timing
A new block is mined roughly every 10 minutes, though this can vary slightly depending on network conditions.
Halving
Every 210,000 blocks (about every 4 years), the mining reward is cut in half. This halving limits Bitcoin supply and helps preserve its value over time.
Bitcoin is reshaping how we view money, trust, and value in the digital world.
 Is there anything I am missing or I should know ?
You are doing great, it's like you already have ideas on crypto currency elsewhere before you joined bitcointalk.
You are welcome to the forum but like everybody is saying, you should make more reading than you post. I know you are in a hurry to contribute to the forum but reading and listening the forum will do more good to you. Whereas there is no problem with you contributing to the forum, but this is just a suggestion for you.