One final note related to mining is to understand how the limited money supply comes into existence in the first place — how the currency is issued. Bitcoin protocol assigns a preset amount of newly issued currency for every block to the miner who first assembled it with the correct proof of work.
Explaining blockchain — how proof of work enables trustless consensus
Aleksandr Bulkin
4075

Awesome presentation here, still not noob friendly, but the author knows his stuff. My only comment is about how the currency is issued. Satoshi never mentions the word “mining” in his white paper, only the analogy to gold miners. From the white paper: “ The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation.”

This is not an indication of how bitcoin “supply comes into existence in the first place”.

It’s much easier to comprehend how “the currency is issued” if the overview is Satoshi created all 21 million bitcoins as part of the protocol in 2009 and they are then released into circulation in a predictable manner. Predictable is a predetermined and diminishing quantity every 10 minutes, on average, until the year 2140.

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