Miners have to solve complex mathematical puzzles using their computers. The first one to solve the puzzle gets to add a new block of transactions to the blockchain, and as a thank you for their hard work, they're rewarded with some new coins. This is how new units of cryptocurrencies like Bitcoin come into existence. It's a bit of a race, and it's not easy. The puzzles are designed to be difficult to solve, but easy to check. #CryptocurrencyMining, #BlockchainPuzzles, #BitcoinCreation, #CryptoRace, #MathematicsInCrypto, #CryptoRewards, #BitcoinMiningExplained, #CryptocurrencyEducation, #DigitalCurrencyMining, #BlockchainTechnology, #CryptoInsights.
Via https://www.youtube.com/watch?v=_2059xR6yS0 Via https://keystoneinvestors.weebly.com/blog/the-great-crypto-race-unveiling-the-complex-world-of-cryptocurrency-mining
0 Comments
Leave a Reply. |
About Me
We are giving the best investing advice to our members . If you want to invest in something then contact us today we will give you the best advice in the world. ArchivesNo Archives Categories |