What is mining and mining algorithm?

What is mining and mining algorithm?

In the Cryptocurrency world, the block reward (or mining reward) is the number of coins that are given as reward to those who found the next block, by solving a mathematical puzzle. The whole procedure of finding the next block in a cryptocurrency blockchain, is...
What is an “ASIC”?

What is an “ASIC”?

Application-specific integrated circuit (abbreviated as ASIC) is an  intergrated circuit (IC) customized for a particular use, rather than intended for general-purpose use. In Bitcoin mining hardware ,ASICs were the next step of development after CPUs, GPUs and FPGAs....

Pin It on Pinterest