What is Cryptocurrency Mining ?

Cryptocurrency mining is the process in which transactions between users are verified and added to the blockchain public ledger. The process of mining is also responsible for introducing new coins into the existing circulating supply, by solving complex mathematical problems with the help of computers’ processing power.

It is one of the key elements that allow cryptocurrencies to work as a peer-to-peer decentralized network, without the need for a third-party central authority.



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