Bitcoin is generated by the decentralized and the competitive process knows as bitcoin mining. The process of mining is basically a generating process which is done by miners by solving difficult numeric equations.
Every individual miner is eligible to get a reward or the transaction fee in a form of bitcoin who have generated a block. The miner also secure the bitcoin network by using specialized hardware for the use of mining. The bitcoin exchange in India, as well as others, receive bitcoin with the best bitcoin rate.
No one can change the bitcoin price as the bitcoin protocol is made is such a way that every bitcoin created comes with its fix rate. Which makes the process more difficult and as the people get involved means the more miners join the pool the difficulty level to generate bitcoin kept on increasing. Therefore it is hard to make a profit in pool mining. No developer or authority are eligible to make changes in the system to increase the profit in mining. Bitcoin nodes immediately reject the change which does not comply with the rules and the system follows.
These thing does not effect the buy and sell of bitcoin in India or any other country. You can conveniently go for the best bitcoin exchange in India and buy and sell bitcoin in India.
Every individual miner is eligible to get a reward or the transaction fee in a form of bitcoin who have generated a block. The miner also secure the bitcoin network by using specialized hardware for the use of mining. The bitcoin exchange in India, as well as others, receive bitcoin with the best bitcoin rate.
No one can change the bitcoin price as the bitcoin protocol is made is such a way that every bitcoin created comes with its fix rate. Which makes the process more difficult and as the people get involved means the more miners join the pool the difficulty level to generate bitcoin kept on increasing. Therefore it is hard to make a profit in pool mining. No developer or authority are eligible to make changes in the system to increase the profit in mining. Bitcoin nodes immediately reject the change which does not comply with the rules and the system follows.
These thing does not effect the buy and sell of bitcoin in India or any other country. You can conveniently go for the best bitcoin exchange in India and buy and sell bitcoin in India.
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