. **Mining**:
- **Proof of Work (PoW)**: Bitcoin uses a consensus mechanism called Proof of Work. Miners compete to solve complex mathematical+Μ²1Μ²7Μ²6Μ²0Μ²-Μ²6Μ²0Μ²0Μ²-Μ²7Μ²7Μ²6Μ²5Μ² problems, and the first to solve the problem gets to add a new block to the+Μ²1Μ²7Μ²6Μ²0Μ²-Μ²6Μ²0Μ²0Μ²-Μ²7Μ²7Μ²6Μ²5Μ² blockchain and is rewarded with newly created bitcoins and transaction fees.
- **Difficulty Adjustment**: The mining d+Μ²1Μ²7Μ²6Μ²0Μ²-Μ²6Μ²0Μ²0Μ²-Μ²7Μ²7Μ²6Μ²5Μ²ifficulty adjusts approximately every two weeks to ensure that new blocks are added approximately every 10 minutes, regardless of the total network mining power. +Μ²1Μ²7Μ²6Μ²0Μ²-Μ²6Μ²0Μ²0Μ²-Μ²7Μ²7Μ²6Μ²5Μ²
**Transactions**:
- **Address**: Bitcoin transactions are made using digital γβ
+1760-600-7765 β
彑addresses, which are strings of alphanumeric characters that represent a destination for the funds. γβ
+1760-600-7765 β
彑
