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Author Topic: About Crypto Mining  (Read 325 times)

CH-Admin

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About Crypto Mining
« on: August 30, 2019, 09:40:06 am »
Cryptocurrency mining, or cryptomining, is a process in which transactions for various forms of cryptocurrency are verified and added to the blockchain digital ledger. ... In order to be competitive with other cryptominers, though, a cryptocurrency miner needs a computer with specialized hardware.

The role of miners is to secure the network and to process every crypto transaction. Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin's famous “blockchain”).
Cryptocurrency Hub Admin

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