Table of Contents

A block is where the most up-to-date record of transactions on the Bitcoin network is kept. Every 10 minutes, a new block is created and added to the existing previous blocks, which creates the blockchain.

This process of adding new blocks is known as mining where specialized equipment called ASICS integrates the transactions continuously into the blockchain.

Before and after the mining process, nodes check all previous blocks to ensure that no double spending has occurred.

Share the Post:

Disclaimer: The information provided on this blog is for informational purposes only and should not be taken as any form of advice.

Related Posts

🔥 New Hosting Spots Alert! 🔥

Unlock Exclusive ASIC Hosting in Alberta

We make the inaccessible, accessible. Get the benefits of high-end container hosting, previously reserved for the big players, now available for small retail miners like you!

Join our unique ASIC Hosting service today and get unparalleled performance, uptime, and energy efficiency. Only a few spots left!