What is bitcoin mining?

Bitcoin mining is the mechanism by which participants on the Bitcoin network reach consensus regarding the next block of transactions to add to the Bitcoin blockchain. For each new block, certain people called “miners” race with one another to find a solution to a cryptographic puzzle. The first miner to find a solution gets to propose the new block of transactions to the entire network. As a reward, the winning miner of the block gets newly created bitcoin. Thus, mining is also the process by which new bitcoin are introduced into the system. @gautamguptaaaa