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Hasan Alom
@hasanalom
crypto mining is the process of validating transactions and adding them to a blockchain. miners use powerful computers to solve complex mathematical problems. when a problem is solved, the miner adds a new block to the blockchain and is rewarded with cryptocurrency. here’s how crypto mining works step-by-step: 1. transaction verification: transactions are bundled into a block. 2. solving the puzzle: miners compete to solve a complex mathematical problem called a hash function. 3. adding the block: the first miner to solve the problem adds the block to the blockchain and broadcasts it to the network. 4. reward: the successful miner is rewarded with newly created cryptocurrency and transaction fees from the included transactions. 5. repeat: the process continues as new transactions are made, and miners work to add more blocks to the blockchain. crypto mining requires specialized hardware and consumes a lot of energy, which is why it's typically done by mining farms with large numbers of computers.
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SergeyMokhrov
@1ds
hallo, ik ben een liefhebber van al het goede tegen al het slechte
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