Lucifer Hunter
@llucifer
What does "Mining" mean?
0 reply
0 recast
4 reactions
Lucifer Hunter
@llucifer
Mining is the process of using computational power to validate transactions and add new blocks to a blockchain, while simultaneously creating new cryptocurrency as a reward. It’s most commonly associated with Proof of Work (PoW) blockchains like Bitcoin, where miners solve complex mathematical problems to secure the network.
0 reply
0 recast
0 reaction