Wat is mining crypto

wat is mining crypto

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The block is assigned some and adjust the mining difficulty this block, go to this rate, the mining pool NiceHash called "hashing".

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It is possible to mine on various hardware and machines, but to truly be profitable and competitive, you'll need to join a mining pool. But they consumed a lot of power and weren't designed for heavy mining. For instance, if you have a GPU providing mega million hashes per second and the pool has a total hash rate of exa quintillion hashes per second, your reward would be based on the shares of work you contributed and be very small.