I am new to the Arduino

digitalWrite(ledPin, HIGH); // switches on the LED
delay(50); // waits for 50 milliseconds = 0.02second, then :-
digitalWrite(ledPin, LOW); // switches off the LED
delay(50); // waits for 50 milliseconds again = 0.02 second, digitalWrite(ledPin, HIGH); // switches on the LED
delay(8000); // waits for 8000 milliseconds = 8 second, then :-
digitalWrite(ledPin, LOW); // switches off the LED
delay(1000); // waits for 1000 milliseconds again = 1 second,
delay ( 60000 ); // wait 1 minute

and so on