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RE: About Cryptocurrency Mining and How it Works

in Project HOPE2 years ago

You did an excellent exposition on the concept of cryptocurrency mining, especially the one relating to proof of work, eg Bitcoin. I also think this type requires high computational dexterity, hardwares, and power. No wonder many projects are now into other mining protocols like the PoS.

Thanks for sharing buddy

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That is very true... Proof of work consensus mechanism or mining is hardware intensive and requires a lot of computational power to process

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