#011 - Bitcoin Mining For Absolute Beginners (Step-by-step)

Crypto Coach Will

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Will breaks down Bitcoin mining in plain English so you actually understand what gives Bitcoin its value. He explains how the Bitcoin network works, why mining is essential, how block rewards and halvings are coded, and what miners are really doing behind the scenes. You’ll learn how ASICs, power costs, network difficulty and Bitcoin’s price all feed into profitability, plus how mining is pushing a big shift toward renewable energy. If you’ve ever repeated “21 million Bitcoin” without really knowing why it matters, this episode will flip the switch for you.

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Timestamps:

00:00:00 - Introduction

00:00:03 Why Bitcoin needs to be mined

00:04:12 How blocks connect

00:04:24 Intro to Bitcoin mining

00:04:29 Bitcoin’s 21 million cap

00:05:04 How blocks are recorded

00:05:11 Mining rewards explained

00:05:29 What miners actually do

00:05:55 The mempool

00:06:12 The block vault analogy

00:06:29 Cryptographic puzzle

00:22:27 Elon Musk history

00:24:59 Important

00:25:03 Subscribe

00:25:08 Expert call CTA

00:25:23 Follow on socials