How Long Did It Take To Mine A Bitcoin In 2009?

Bitcoin mining is the process through which bitcoins are created. The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce bitcoins into the system: Miners are paid any transaction fees as well as a “subsidy” of newly created coins, called block rewards. This both serves the purpose of disseminating new coins in a decentralized manner as well as creating additional Bitcoins to be in circulation…

What is bitcoin? – definition and history | Britannica.com

Bitcoin was invented by an unknown programmer, or group of programmers, under the name Satoshi Nakamoto and released as open-source software in 2009. The mysterious founder and lead developer remains anonymous and it is believed that he/she/they live in Japan; there has been speculation that either this person may be Japanese American tech entrepreneur Dorian Satoshi Nakamoto or that they may be one individual with multiple virtual identities (akin to mononyms such as Bruce Wayne). The source code …