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JacoJafe

91, male

Posts: 1

Re: International Beer Day

from JacoJafe on 08/02/2022 10:23 PM

Proof-of-work (PoW) is designed to solve complex mathematical problems using the technical equipment of the miner. Miners are rewarded in the form of cryptocurrency for adding each verified block (information about completed transactions) to the general chain, which is called the blockchain. This process is complex and requires significant computing power. The more powerful the miner's equipment, the more he can make a profit: Mining is the extraction of cryptocurrency with the help of special equipment. The essence of mining is to add blocks (newly completed transactions) to the blockchain. Miners are people who do this work and get rewarded for it.

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