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Board Beginners & Help
What is mining? My understanding!
by
project_delta
on 25/09/2018, 10:51:07 UTC
When I entered in the world of Bitcoin, the most difficult term I faced was mining. As far as I understood, it is basically a process through which blocks (that contains information about transactions) are verified. For that miners has to perform simple calculations Nodes (Computers) does that for miners. The one who performs it the first gets the reward .Thats how all the blocks got mined!
Correct me if I am wrong! And add for my further help