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Bitcoin mining is a process by which bitcoins are formed and the transactions has to be validated and added to the blockchain. The Bitcoin miners would compete to solve the complex puzzles by using their computational powers and the first miner that find a solution would receive the reward and it is inform of Bitcoin.
The primary function of Bitcoin mining is definitely to secure the network and to also ensure the integrity and the immutability of the transaction that has been recorded on the blockchain. Through the process of mining, the transactions are confirmed by the miner that successfully completed the complex mathematical puzzles and it is to maintain the overall security of the Bitcoin ecosystem as well.
The primary function of Bitcoin mining is definitely to secure the network and to also ensure the integrity and the immutability of the transaction that has been recorded on the blockchain. Through the process of mining, the transactions are confirmed by the miner that successfully completed the complex mathematical puzzles and it is to maintain the overall security of the Bitcoin ecosystem as well.
