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3 Major Crypto-Mining Challenges and How to Conquer Them

3 Major Crypto-Mining Challenges and How to Conquer Them

5 years ago
Anonymous $xdcOWPpsb_

https://www.entrepreneur.com/article/342519

Crypto mining is the process of releasing cryptocurrencies into a network by completing a given set of mathematical computations. And just like any other mining industry -- gold, data, etc.-- it comes with a unique set of challenges.

For the uninitiated, cryptocurrencies are underpinned by a technology known as blockchain. Blockchains are digital ledgers that permanently store information. More precisely, they are strings of blocks containing verified data joined together by "hashes." Hence, to create a blockchain, data has to be processed and verified. This is where crypto miners come in, verifying data and earning cryptocurrency rewards in return. 

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