What is Bitcoin mining?
a) A method of stealing bitcoins
b) The process of adding transaction records to Bitcoin’s blockchain
c) A way to store bitcoins in the cloud
d) A trading technique for Bitcoin
Answer:
b) The process of adding transaction records to Bitcoin’s blockchain
Explanation:
Bitcoin mining is the process of validating transactions and adding them to the Bitcoin blockchain. Miners solve complex puzzles to confirm transactions and secure the network.