Bitcoin mining is the process through which new bitcoins are created and transactions are verified and added to the blockchain.

which is a public ledger containing all Bitcoin transactions. Miners use powerful computers to solve complex mathematical puzzles that validate transactions.

These transactions are grouped into blocks, and miners compete to be the first to solve these puzzles and add a new block to the blockchain.

The process of mining involves confirming transactions by bundling them into blocks and adding them to the blockchain. 

Miners compete to solve mathematical problems, and the first one to solve the problem gets the opportunity to add the next block to the blockchain and is rewarded

The mining process requires significant computational power, specialized hardware (such as ASICs - Application-Specific Integrated Circuits)

and consumes a lot of electricity. As more miners join the network, the puzzles become more difficult to solve, 

ensuring that new bitcoins are produced at a predictable and limited rate. This process also helps secure the network by making it computationally intensive to alter past transaction data.

Decentralized Verification: Bitcoin mining involves verifying and adding transactions to the blockchain, which is a decentralized ledger. 

Proof of Work (PoW): Bitcoin mining uses a PoW consensus mechanism. Miners solve complex mathematical puzzles to validate transactions and create new blocks.