Mining | Appthisway

Mining | Appthisway2020-03-22T19:25:53+00:00
Mining is the backbone of some of the most popular cryptocurrencies, without them there would be no Bitcoin blockchain. The Proof-of-work (PoW) algorithm requires powerful hardware to transact and create new blocks, whereby proof-of-stake is more randomized with specific criteria such as node age, reliability, coin age and is, therefore, considered more efficient than PoW.
Mining is the backbone of some of the most popular cryptocurrencies, without them there would be no Bitcoin blockchain. The Proof-of-work (PoW) algorithm requires powerful hardware to transact and create new blocks, whereby proof-of-stake is more randomized with specific criteria such as node age, reliability, coin age and is, therefore, considered more efficient than PoW.

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