Cryptocurrency Q&A
Who creates new Bitcoin's?
Who creates new Bitcoin's?
BlockchainBaroness
Mon Nov 18 2024
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6
answers
697
I want to know who is responsible for creating new Bitcoins. Is it a specific individual, a group of people, or some automated system? I'm curious about the process behind the generation of these digital currencies.
6 answers
CryptoWanderer
Wed Nov 20 2024
Miners use powerful computers to solve complex mathematical problems.
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GinsengGlory
Wed Nov 20 2024
When a miner successfully solves a problem, they are rewarded with a new block of bitcoin.
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Elena
Wed Nov 20 2024
This process is designed to ensure that new bitcoin are released in a predictable and controlled manner.
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WhisperInfinity
Wed Nov 20 2024
Bitcoin's supply is controlled through a process known as mining.
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KpopStarlight
Wed Nov 20 2024
The release of new Bitcoin serves as an incentive for miners to continue participating in the network.
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