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What is Bitcoin?

Published at

12/21/2024

Categories

crypto

asic

bitcoin

cryptocurrency

Author

lillywilson

Main Article

https://dev.to/lillywilson/what-is-bitcoin-1n3i

Categories

4 categories in total

Author

11 person written this

What is Bitcoin?

Bitcoin is one of the most well-known cryptocurrencies. It is mined by many people and has a market capitalization that is currently among the highest. block rewards are. Bitcoin is one the most-mined currencies, so it's always better to mine in a Bitcoin mining pool with robust hardware.

Mining Algorithm SHA-255
Total Supply: 19.79 Million
Maximum Supply: 21 M
Mining Rewards per Block: 3.125 BTC

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