How does Bitcoin Mining Work?

As a top cryptocurrency, Bitcoin has attracted not just investors but also miners. Bitcoin mining is nothing but verifying transactions before adding them to the blockchain ledger. The mining process is crucial to prevent any fraudulent activities like double-spending and keep the network decentralized.Miners use sophisticated devices like ASICs during the mining process to solve complex algorithms and validate transactions. The miner who solves the puzzle first gets paid in Bitcoin for contribu