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#how Bitcoin mining works? #what is mining in binance?#which steps include in mining ?
1. Transactions Are Created
When someone sends Bitcoin, a transaction is created
Example: You send BTC to a friend
This transaction goes into a “waiting area” (called mempool)
2. Transactions Form a Block
Miners collect many transactions
They bundle them into a block
Each block contains:
Transactions
Timestamp
Reference to previous block
1. Transactions Are Created
When someone sends Bitcoin, a transaction is created
Example: You send BTC to a friend
This transaction goes into a “waiting area” (called mempool)
2. Transactions Form a Block
Miners collect many transactions
They bundle them into a block
Each block contains:
Transactions
Timestamp
Reference to previous block
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