Mining Difficulty

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Revision as of 13:30, 26 April 2022 by Define (talk | contribs) (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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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