Cryptocurrency mining is the process in which transactions between users are verified and added into the blockchain public ledger. The process of mining is also responsible for introducing new coins into the existing circulating supply and is one of the key elements that allow cryptocurrencies to work as a peer-to-peer decentralized network without the need for a third party central authority:-----
Bitcoin is the most popular and well-established example of a mineable cryptocurrency:—
Bitcoin mining is based on a consensus algorithm called Proof of Work:-------
17 Likes
Yes thanks. So many coin have for mining.
1 Like
What is the best after bitcoin mining?
3 Likes
Thank you, this is a very helpful content for beginners.
3 Likes
Can someone tell us a good mining platforms names ?
Thanks
