The Beginner’s Guide
Mining
Learn everything about Crypto Mining
What is Mining?
The subject of this article will be mining. Considering the fact that the philosophy of the blockchain is based on the decentralization of data, you will understand that there is no central bank to create money. But then, how is cryptocurrencies created and on what...
What is an ASIC miner?
In our previous article you learnt what mining was and what it was used for. Finally, you have seen how it is possible to become a miner. In this article, we will focus on a type of machine that can quickly mine cryptocurrencies. We are of course talking about the...
Are ASICs as profitable as specialized companies claim?
If you are interested in mining, this article should attract your attention, because not everything is simple in the world of cryptocurrencies, especially in prolific activities as mining. This article is not intended to ruin the mining reputation, quite the contrary,...
What is PoW (Proof of Work)?
PoW (Proof-of-Work) is a process that occurs following the validation of a consolidated block after verifying and recording transactions in that block. Miners who form the nodes of the network, act as transaction checkers and are of crucial importance for the survival...
What is the Proof of Stake?
In the previous article, you learnt what the consensus of Proof of Work was, but you also understood that the blockchain is governed by several other consensuses, among which we find the consensus of issue evidence. Take a seat and enjoy your reading! PoS...