What algorithm is mining (what mining refers to)
What algorithm is mining? In the Bitcoin halving market, what algorithm is mining? What is mining like What is the concept of mining. It refers to completing the demand for block space through a special technology called “hash” (called Proof of work), and decomposing it into several different Cryptocurrency to calculate the total amount of energy and power required for each digital asset. One method used by computers to effectively mine is to use difficulty bombs or other complex methods. This method is called a hash attack because the device has a certain amount of computing power, which can effectively prevent the occurrence of ASIC mining machines from causing potential economic losses. (Wu Shuo blockchain)
What does mining mean. In the computer system, a new unit called Hashrate is “Proof of work”, which uses mathematical models to create workload figures faster than the TCN network Simply put: If someone wants to transfer their assets into or onto the blockchain in some way, they must run a company machine or server specifically designed to mine digital currency. This model can prevent hacker attacks, fraud, and tampering with accounting books, allowing people to obtain more funds without losing any information. (Cointelgraph Chinese website)
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