Category: Cryptomining

Articles about cryptocurrency mining.

Bitcoin

What is Bitcoin?

Introduction Bitcoin is a decentralized digital currency created in January 2009 that you can buy, sell and exchange directly, without an intermediary authority like a bank. It relies on peer-to-peer software and cryptography technology, protocols, and processes, and Bitcoin has the lowest transaction fees than other online payment methods. Bitcoin has inspired hundreds of digital …

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Cryptocurrency Mining Explained

What is Cryptocurrency mining Cryptocurrency mining or crypto mining uses computational power to generate new cryptocurrency units by solving complex mathematical problems or algorithms. The cyber currency transactions are verified, and the miners (like auditors) distributed globally are rewarded with a small percentage of cyber currency. e.g., Bitcoin, Etherium, BTC, Dogecoin, etc. Cryptomining can be …

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