Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions.
One of the steps you need to take before learning something is clear the air around the terminology on the matter. To ease you with the cryptocurrency topic, BT-Miners created a glossary of the most important crypto terms.
Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions.
One of the steps you need to take before learning something is clear the air around the terminology on the matter. To ease you with the cryptocurrency topic, BT-Miners created a glossary of the most important crypto terms.
