Brilliant answer.
17 Oct 2022, 23:17
Brilliant answer! Not only that new coins are generated as each block is solved on offer to miners in the form of a block reward, #bitcoin miners keep the bitcoin network secure as they defend against double-spend attacks or other attempts at nefarious bitcoin transactions 🙌
@LocalCoinSwap_ @Dashpay Bitcoin mining has as its purpose:
✅ Verify transactions through solving complex mathematical puzzles that result in the extraction of new blocks.
✅ Be the backbone of the network keeping it safe. #FridayGiveaway, #BTC