Difference between revisions of "Mining Difficulty"
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(Created page with "The process in which miners must use their computing power to solve complex cryptographic puzzles before verifying transactions and earning mining rewards. The difficulty level serves as an indicator of how competitive mining is at any given moment in time. == Sources: == https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary Category:Glossary") |
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Mining is the process in which miners must use their computing power to solve complex cryptographic puzzles before verifying transactions and earning mining rewards. The difficulty level serves as an indicator of how competitive mining is at any given moment in time. | |||
== Sources: == | == Sources: == | ||
https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary | https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary | ||
[[Category:Glossary]] | [[Category:Glossary]] | ||
Latest revision as of 20:49, 28 April 2022
Mining is the process in which miners must use their computing power to solve complex cryptographic puzzles before verifying transactions and earning mining rewards. The difficulty level serves as an indicator of how competitive mining is at any given moment in time.