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RE: About Cryptocurrency Mining and How it Works

in Project HOPE • 4 years ago

You did an excellent exposition on the concept of cryptocurrency mining, especially the one relating to proof of work, eg Bitcoin. I also think this type requires high computational dexterity, hardwares, and power. No wonder many projects are now into other mining protocols like the PoS.

Thanks for sharing buddy

4 years ago in Project HOPE by
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     4 years ago 

    That is very true... Proof of work consensus mechanism or mining is hardware intensive and requires a lot of computational power to process

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