Bitcoin mining validates/adds bitcoin transactions onto the blockchain

See how the concept of verification and addition to the blockchain works in real time.

Every transaction made via bitcoin is recorded on its blockchain—the decentralized, distributed ledger that provides a permanent and transparent record of the currency's entire history. While that may sound abstract, the technology allows anyone to monitor and confirm each of the transactions.

A look at nodes and miners in managing bitcoin transactions

Each time a transaction involving bitcoin is carried out, the information must be relayed and recorded onto the currency’s blockchain. Multiple steps are involved, including the passage of the transaction to various nodes and miners who comprise multiple layers of verification and validation. See an illustrated guide to how these two crucial features of bitcoin processing work here.

There's a bitcoin mine in remote Zambia

In Zambia, a small hydropower plant draws water to power a town of 15,000 people—and a bitcoin mine. A shipping container containing 120 computers mining bitcoin—solving complex calculations to win the reward of several bitcoin—was set up near the plant to use its cheap electricity, and share its revenue.

Only 21 million bitcoin will ever be created—what happens then?

Bitcoin is a popular cryptocurrency with a finite supply, and the issuance of new bitcoins is currently offered as a reward for verifying the transactions on the blockchain. Experts say the currency won't reach its limit until the year 2140, and miners may ultimately rely on transaction fees.

Proof-of-work is the original way cryptocurrencies added new blocks to blockchains

It’s a competitive method requiring “miners” to solve cryptographic puzzles, often using equipment that consumes massive amounts of energy. Ethereum switched to proof-of-stake, a less energy-intensive method in which “validators” stake crypto to be randomly chosen to check transactions.

Cryptocurrency is reshaping finance, but its environmental impact often sparks debate

Behind the scenes, mining operations consume vast amounts of energy, comparable to the emissions of small nations. What drives this surprising environmental footprint, and can the industry evolve?

Watch an expert explain blockchain technology to five different people: a child, a teen, a college student, a grad student, and a fellow expert.

Many bitcoin enthusiasts have compared the cryptocurrency to digital gold

Gold is valued for its stability and reliability, serving as a hedge against inflation and economic uncertainty. Bitcoin shares both of these characteristics, but also provides near-instant liquidity and isn’t subject to government regulation.

Bitcoin and ethereum are decentralized cryptocurrencies with different functions

Bitcoin, launched in 2009, is primarily a digital currency and store of value with a fixed supply. Ethereum, introduced in 2015, enables smart contracts and decentralized apps, offering more flexibility.

Bitcoin explained and made simple

Bitcoin, the most popular and well-known example of a cryptocurrency, came on the scene around 2010, with its evangelists proclaiming it would eventually displace government-backed traditional cash. While the concept of a digital currency may seem straightforward, the details can be deceptively simple. This quick video overview provides the foundation for a deeper dive into the world of decentralized currency.

Check the real-time price of bitcoin

Bitcoin has gone through several boom and bust cycles. Those peaks and valleys sit on top of a steadily rising value, growing as the currency gains wider adoption. As of 2024, bitcoin’s total market value was over $1.3T, with more than 19.6 million coins in circulation. Still, the value fluctuates.

A visual guide to how bitcoin transactions work and rely on cryptography

The "crypto-" in cryptocurrencies like bitcoin refers to the mathematical functions that generate pairs of public and private keys and encrypt data in blocks. When combined, these systems secure transactions on the network, verify digital asset and token transfers, and contribute to end-user anonymity.

A simple visual explanation of how blockchains work

Blockchains are decentralized, distributed, and digital methods to record transactions and prevent alterations and tampering of the record. That's a simplified definition. This easy-to-understand six-minute video further and better explains what blockchains are and how they work using colorful illustrations and clear, concise clarifications on their processes and what makes them so special.

What are smart contracts?

Smart contracts are potentially one of the most useful tools associated with blockchain, and they can enable the transfer of everything from Bitcoin and fiat currency to goods transported around the world. Here’s what they do and why they’re likely to gain traction.

NFTs can be minted using an online marketplace or directly on the blockchain

Minting, or creating, an NFT is how NFTs are added to the blockchain. The process can be simplified by using a popular marketplace.

Proof-of-work versus proof-of-stake: what's the difference?

The two main consensus mechanisms—the way blockchains confirm and enshrine information—are proof-of-stake and proof-of-work. An overview compares the differences between the two and the latter's ability to reduce the energy intensity of the computation process, which has emerged as one of the biggest criticisms of the crypto boom.

The blockchain offers tantalizing possibilities for future use

Think of blockchains as a running list of information, where new details are added to the running chain as discrete "blocks." With crypto, the information contained within each block could be virtually anything, providing flexibility for uses in commerce, legal filings, healthcare records, and more.

Using cryptocurrency to turn traditional financial arrangements on their head

Cryptocurrency is poised to drastically change everything in the financial world, including financial arrangements. Decentralized finance makes it easier for virtually anyone to take advantage of financial markets without the need for a bank. However, there are new risks involved as well. Professor of Legal Studies and Business Ethics Kevin Werbach, an expert on Bitcoin and blockchains discusses it all in detail in The Conversation.

Bitcoin, the oldest and most popular cryptocurrency, is a digital cash alternative introduced in 2009 that rapidly grew in popularity and now boasts a global user base.

In 2008, Satoshi Nakamoto began working on the underlying bitcoin code and blockchain

Widely credited as inventing the currency, Nakamoto abruptly disappeared from the digital world—no one has confirmed his identity, or whether he was even a single individual.

Bitcoin started as a .PDF

Have you ever wondered how bitcoin became, well, bitcoin? In this podcast episode, journalist PJ Vogt dives into what drove the bitcoin hype machine, explaining how it became the phenomenon it is today.

Who accepts bitcoin payments in 2025?

Bitcoin and other cryptocurrencies are used primarily as stores of value or speculative assets, and less likely to be used to purchase goods and services. Advocates for the currency say as an increasing number of retailers accept bitcoin, average holders will begin to treat the currency more like traditional money.

Cryptocurrency acts as a store of value

Traditional money, dating back to its first known uses in ancient Babylonia, has many uses—it reduces friction in transactions by providing a common denominator of value (unit of account), acts as a single item accepted by many vendors (medium of exchange), and holds wealth as a store of value.

The role stories play in mass economic trends like bitcoin, crashes

Economics is dominated by numbers, but stories play a huge role in the emotional shifts seen within macroeconomic trends. For example, bitcoin is not just a cost-benefit winner, but a compelling tale of decentralization and independence. This is a 20-minute summary of Nobel prize-winning economist Robert Shiller's "Narrative Economics."

Bitcoin's founder has always remained anonymous

A pseudonym used by the person or group of people who created bitcoin—the first decentralized cryptocurrency—the real identity of Satoshi Nakamoto has baffled millions of enthusiasts for years.

Princeton University offers a free online bitcoin course

Want to understand bitcoin and cryptocurrencies? A free online course from Princeton University unpacks the details of bitcoin, from how it works to what distinguishes it from other currencies, to the security and anonymity associated with its use. Explore explainer videos, or take the course as a series of lessons.

Since its introduction, the price of bitcoin has experienced significant volatility

Driven in large part by speculation and intense social media attention during the pandemic, along with the availability of capital during near-zero interest rate periods, the price has seen at least three major crashes despite steadily increasing over the long run since 2014.

A definitive guide to crypto and blockchain

The concept of cryptocurrency emerged more than a decade ago, with a famous whitepaper on bitcoin. To fully understand the rise of bitcoin, Bloomberg’s Matt Levine developed this comprehensive four-part series exploring the broader crypto and blockchain ecosystems, where they came from and how they work (subscription required).

Crypto ETFs are driving cryptocurrency adoption

In 2024, the SEC approved ETFs that track the price of bitcoin called spot bitcoin ETFs. These funds have since significantly increased investment inflows into cryptocurrency markets.

Ledgers—what are they good for?

It might seem strange that a ledger—a dull and practical document associated mainly with accounting—would be described as a revolutionary technology. But the blockchain matters because ledgers matter. Read (or listen to) this 14 minute breakdown on why ledgers matter.

Two Papa John's pizzas were the first real-world transaction involving cryptocurrency.

Read the original white paper from Satoshi Nakamoto

Satoshi Nakamoto's original introductory paper "Bitcoin: A Peer-to-Peer Electronic Cash System," is required reading for anyone who wishes to understand the cryptocurrency. Bitcoin.org provides assorted translations. While Nakamoto's identity remains a mystery, his ideas are neatly laid out here, along with supporting documentation.

All clean energy technologies rely heavily on critical minerals

Although many of these minerals have been used for decades, such as copper in electrical wiring, the accelerating demand for them has strained existing extraction and processing systems. Supply chain disruptions for these materials may delay and increase the cost of transitioning to solar, wind, hydroelectric, and geothermal power.

Decentralized applications are blockchain-based and run without a central authority

These apps use smart contracts to automatically execute functions, ensuring security, transparency, and censorship resistance. Built on platforms like Ethereum, Solana, and Binance Smart Chain, DApps power DeFi, NFTs, gaming, and social media, offering users control over their data and assets.

A list of major companies that accept cryptocurrency as payment

Have a fistful of Bitcoin? SpendMeNot provides a fascinating infographic that shows which companies currently accept the cryptocurrency. If you want to know where you can engage in Bitcoin transactions, this extensive resource directs you to the right merchants. Food, jewelry, banks, travel services and more are all represented here.

The SEC recently approved bitcoin ETFs in landmark investing decision

In January 2024, the US Securities and Exchange Commission made history when it decided to allow fund issuers to launch bitcoin ETFs. This new class of exchange-traded fund tracks spot bitcoin prices, essentially allowing investors to hold bitcoin without actually having to buy the crypto.

As of 2025, China has been awarded the most deep-sea mining contracts by the ISA

The International Seabed Authority—established by the 1982 United Nations Convention on the Law of the Sea—grants 15-year contracts for governments and private companies to legally search for minerals and test seabed mining technologies. China is already the global leader in the processing and refining of critical minerals.

Lithium-ion batteries are the standard for rechargeable devices

The costly setup of new mining operations and challenges with recycling amid growing demand have led researchers to search for alternatives, including sodium-ion, solid-state, and lithium-sulphur batteries, despite challenges with scalability.

What is blockchain? A visual explanation from a Stanford professor

Stanford professor Dan Boneh teaches "Blockchain Primitives: Cryptography and Consensus," providing an introduction to the cryptographic foundation of blockchains and how developers can use them to build new types of applications.

The benefits of cryptocurrency and blockchain technology

At the root of cryptocurrencies' allure is blockchain technology, an innovation bringing profound transformations to industries, especially the financial industry. This simple article breaks down the difference between cryptocurrencies and blockchain as well as the benefits of each.

Solana is a blockchain designed for fast, scalable, low-cost transactions

Solana uses a unique Proof-of-History and Proof-of-Stake hybrid to process thousands of transactions per second. Solana supports a wide range of Web3 applications, offering an alternative to Ethereum with lower fees and faster speeds. Its native cryptocurrency, SOL, is used for transactions, staking, and governance.

More batteries in the power grid would create an on-demand energy reservoir

Most power grids are inefficient because they require enough generation capacity at all times to avoid blackouts. This means at any given time, as much as 50% of generating capacity at power plants can go unused. Batteries would reduce this inefficiency and allow for real-time adjustments.

The industries ripe for disruption by blockchain and cryptocurrencies

Blockchain—what is it good for? Lots of things, it would seem. Peruse this guide from The Motley Fool site and learn about different applications and use cases for blockchain technology. Financial exchanges, real estate, insurance, voting, an gambling are just a few of the 15 applications discussed here.

The Chain Reaction podcast: The latest in bitcoin and blockchain developments

There are constantly new tokens, DeFi projects, NFT collections, and DAOs being launched, but how can you make sense of everything going on in the crypto space? TechCrunch senior crypto reporter Jacquelyn Melinek explores the impact of crypto on finance, art, web3, and society as a whole. One the best resources to keep up with actual—meaning, beyond the hype—developments in the world of bitcoin and blockchain.

A visual exploration of the environmental impacts and uncertain demand for deep-sea mining

While models suggest demand for crucial metals is expected to exceed supply through 2050, new battery technologies, such as those that require no nickel or cobalt, introduce uncertainty that opponents of deep-sea mining see as not worth the risk of certain environmental damage, which includes noise and light pollution and the release of toxic plumes from mining equipment.

Cryptocurrency and data center growth are expected to increase greenhouse gas emissions

An analysis from the Open Energy Outlook Initiative estimates a 30% increase in emissions through 2030, as growing energy demands in regions where data centers are being built (20%-30%) far exceed the traditional growth rate of utilities in those areas (1%-2%). The emissions spike is expected to equal France's annual carbon output.

NFTs create a unique digital signature to prove ownership

NFTs create digital certificates for unique online collectibles, mainly on the Ethereum blockchain. Artists can leverage NFTs to verify their online works.

Critical mineral production may lift impoverished regions out of poverty

Mineral wealth can provide public revenue and economic livelihoods to those in mining regions. However, poor management and lack of oversight can cause human rights abuses, environmental degradation, and significant greenhouse gas emissions.

Beyond critical minerals, copper is emerging as a bottleneck to clean energy

Copper remains invaluable for the transmission of electricity needed in energy infrastructure projects, with 90% of the average circuit board made of the element. However, limited smelting capacity and low ore quality amid increasing demands are stressing global supplies.

Explaining deep-sea mining, including its economic benefits and potential biomedical risks

Extraction via machines sweeping the ocean floor would reduce child labor and human rights violations currently occurring in land-based operations that collect the minerals needed for modern-day electronics. However, these sweeps may kill undiscovered organisms that possess biologies from which antibiotics could be derived and destabilize deep-sea ecosystems.