Some things can make people very rich or even millionaires. For example cryptocoin, and clearly the most famous one is bitcoin. Bitcoins can make people very wealthy and is an enormous market. In addition, according to Tradingview,  each singular bitcoin is worth more than $100,000.00.

The hash is a code generated by a computer that has 64 digits and uses the hexadecimal system to make it. For example: 00500000100b0200057fc3708cf0130d95e27c5819253e9f967ac56e4df598ee is a hash. The hexadecimal system comes from the Greek words hex and deca, that respectively means six and deca means 10. Therefore this system uses 16 different possibilities for a digit, but our numerical system can only use the numbers 0 to 9.  According to Investopedia, that's why some letters are used. The letters A,B,C,D,E and F are the ones used.  In cryptography, more possibilities are needed for security reasons, because if only numbers were used, the code would be shorter and easier to discover.Consequently, the hexadecimal system is used for more possibilities of hashes, exactly 16 to the power of 64 hashes that can be generated. According to Investopedia the letters A,B,C,D,E and F replace the numbers 10,11,12,13,14,15 and 16, respectively. The differences between the decimal and hexadecimal system are the quantity of digits that can be placed in a position and the letters used to make it possible. “This in turn means that every digit has 10 possibilities, 0-9” and“ Each digit has 16 possibilities. That’s why you have to stick letters in, specifically letters a, b, c, d, e and f. As stated by Investopedia.” 

Consequently to you knowing the hash, you can earn Bitcoin by correctly guessing a number that is lower than the value of the target hash. The target hash is a number generated that miners try to guess using a very powerful computer that makes trillions of hashes per second. “Miners attempt to generate a number lower than the network’s target hash. Bitcoin miners can generate trillions of hashes per second, "said Investopedia.” Some attempts of hashes are disqualified, because they don’t meet the necessary requirement. This requirement is a number lower than the target hash. According to Investopedia, if you generate a hash bigger than the target hash it gets disqualified. For example if the number is 7 and you generate 9, it will be disqualified. On the other side some attempts are according to the requirements of a number lower than the target hash. As attested by Investopedia, if  you generate a hash lower than the target hash your hash gets approved. If the target hash is B and you generate 8, your hash is correct.

As bitcoin has many miners and many people trying to get it, the price has changed along the years. Bitcoin prices along the years had its ups and downs. Prices had mostly gone up, but the prices went down sometimes. Today, 1 bitcoin is worth more than $100,000.00! Many things can affect bitcoin prices and can make them go up or go down depending on the situation. As said by Investopedia “ Supply, demand, cost of production, number of competitors, regulation and media coverage affect bitcoin prices”. Supply and demand can affect bitcoin prices in many ways, Similar to other real products. According to Investopedia “The supply of an asset plays a vital role in determining its price. A scarce asset is likely to have high prices, whereas one available in plenty will have low prices. Bitcoin’s ups and downs have happened since its introduction on the market and many milestones have been made. According to Tradingview’s chart, bitcoin reached its milestone of $1,000.00 around October 2013. Another milestone reached is 10,000.00 around November 2017. And the most recent and impressive one is the $100,000.00 mark reached in December 2024.        

Bitcoin mining is very hard to do and understand. But it moves trillions of dollars and has many miners. Therefore, Bitcoin is a feature that changed the world forever with its system. In addition, as stated by Coinmarketcap the bitcoin market cap is $2.08T. So, what do you think about bitcoin mining?