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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)Bitcoin mining refers to the process where a global network of computers running the Bitcoin code work to ensure that transactions are. Bitcoin mining is the process of creating valid blocks that add transaction records to Bitcoin's (BTC) public ledger, which is called a blockchain. is the process of validating the information in a blockchain block by generating a cryptographic solution that matches specific criteria. When a correct solution is reached, a reward in the form of bitcoin and fees for the work done is given to the miner(s) who reached the solution first.