Post
Topic
Board Nigeria (Naija)
Re: Bitcoin mining
by
Ronsbit
on 07/09/2025, 12:43:52 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 ?

Welcome mate, it is nice seeing you here. You do sound like you are well-informed about Bitcoin, but as a newbie, I will advise you as a newbie to make sure you have a reference to copied posts, as it is against the forum policy. Inasmuch as you are reading about Bitcoin, you should also read and research on reliable and safe wallets to keep or store your assets, and also, ways to protect your assets would mean a lot to you.