CRYPTO GLOSSARY · TECH

What is Mining?

Solving puzzles to validate blockchain transactions.

📖 Full Definition

Mining is the process by which new cryptocurrency coins are created and transactions are validated in Proof-of-Work blockchains. Miners use computational power to solve complex mathematical problems, earning rewards in return.

💡 Example

Bitcoin miners currently earn 3.125 BTC per block plus transaction fees.

🔗 Related Terms

Proof of Work

Consensus where miners solve puzzles for rewards.

Hash Rate

Computing power of a blockchain network.

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