- Video Views: 29715
- Published On: 2022-02-14 18:00:00
- Video Published/Author: #DR. HACKER #
- Video Duration: 00:08:03
- Source: Watch on YouTube
In this video Will tell you about Crypto mining and it’s Profitability. So watch this video till the end and consider Subscribing for more useful videos.
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What Is Etherium Mining?
Etherium mining is the process by which new Etherium are entered into circulation. It is also the way the network confirms a new transactions and is a critical component of the blockchain ledger’s maintenance and development. “Mining” is performed using sophisticated hardware that solves an extremely complex computational math problem. The first computer to find the solution to the problem receives the next block of bitcoins and the process begins again.
Cryptocurrency mining is painstaking, costly, and only sporadically rewarding. It consumes lots of electricity and resources to solve the algorithm. Mining is necessary for the continuous operation of blockchain.
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