Bitcoin Mining With 12 Lines of Code in Python

Bitcoin Mining With 12 Lines of Code in Python

Mint money using the power of coding .Bitcoin Mining With 12 Lines of Code in Python

Bitcoin has become one of the hottest trends in recent years. Last year, it surpassed Donald Trump in Google searches. Everyone is talking about bitcoin. Many people don’t exactly understand the concept.

In laymen's terms, bitcoin is a ledger. A ledger is a set of transactions. Let’s understand this with an example.

Suppose you go to a grocery store. You buy vegetables for $15. The ledger entry will be —_You are paying the vegetable owner 15 dollars.

Then, let’s say the vegetable guy goes to a doctor and pays $10 for a medical examination. The ledger entry will be — The vegetable owner is paying 10 dollars to the doctor.

These all are considered as a set of transactions. This is similar to what we see in our bank account statements. A ledger is a set of transactions, and at the end, you have your account balance. This is what bitcoin is in a nutshell.

In this article, we will first learn the blockchain and how mining works. Then we will learn how to do bitcoin mining in python.

Let’s get started.

python blockchain bitcoin-mining bitcoin programming

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