Hello Friends, Hope you are doing fine and having fun in your lives. In my previous tutorials on blockchain and Ethereum, I have talked about mining a few times. So, in today’s article, I am going to discuss the concept of mining with you. This is an important part of learning the working of blockchain to see how the decentralization of blockchain happens. Let’s start today’s article by defining mining.
Blockchain Mining
As blockchain is a peer-to-peer network. Mining is also a peer-to-peer process.
Blockchain (or Ethereum) mining is used to verify transactions on the network.
In this process, miners (the person or node who performs mining) add transaction records to the decentralized distributed ...