You are viewing a single comment's thread from:

RE: Mining Cryptocurrency Explained By Simple, Yet Brilliant Example

in #mining7 years ago

Interesting how you used dice to explain this. I had never actually thought of it this way but it makes a whole lot of sense. I have mined for a little bit, not very long actually, but this makes me understand the process to a greater degree.

So is rolling the "1" finding the block or is rolling the "1" solving the block?

Sort:  

Its submitting the share :) its very hard to find a block alone, so miners mine together in the mining pools.

Coin Marketplace

STEEM 0.30
TRX 0.25
JST 0.040
BTC 95063.29
ETH 3338.75
USDT 1.00
SBD 8.25