MINING

The solving of cryptographic calculations. This process aims to verify and create a block.

What is MINING?

If a block is successfully closed and thus the "cryptographic puzzle" is solved, the miner receives a reward as a certain number of cryptocurrencies.

WEXO Blog

Litecoin: Digital silver and Bitcoin's younger brother
ALTCOIN BITCOIN (BTC) DIGITAL ASSET GENESIS BLOCK LITECOIN (LTC) MINING PoW (Proof-of-Work)

Litecoin: Digital silver and Bitcoin's younger brother

One of the oldest cryptocurrencies, which has taken Bitcoin as its model, is now one of the leading altcoins. Due t...

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Smart contracts: Ethereum and competitors
DAO DAY TRADING DECENTRALIZATION ERC-20 ETHEREUM (ETH) MINING PoS (Proof-of-Stake) SMART CONTRACT TOKEN

Smart contracts: Ethereum and competitors

Cryptocurrencies that enable smart contracts on their blockchain still deliver solutions to their predecessor's pro...

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Bitcoin is more ECO than banks or the gold mining industry
ALTCOIN BITCOIN (BTC) MINING PoW (Proof-of-Work)

Bitcoin is more ECO than banks or the gold mining industry

Bitcoin is blamed for energy consumption. But what would be the result if we compare it with the banking system or...

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Proof-of-Work vs Proof-of-Stake: Dilemma of the cryptocurrency's world
ERC-20 ETHEREUM (ETH) CRYPTOCURRENCY MINING PoS (Proof-of-Stake) PoW (Proof-of-Work)

Proof-of-Work vs Proof-of-Stake: Dilemma of the cryptocurrency'...

Today, we know of several networks with different chaining methods, but the best known are "Proof-of-Work" (PoW) an...

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NFTs soon on Instagram. EU will not ban bitcoin mining
BITCOIN (BTC) DECENTRALIZATION ETHEREUM (ETH) MINING NFT PoW (Proof-of-Work)

NFTs soon on Instagram. EU will not ban bitcoin mining

WEXO NEWS: Be one step ahead with Wexo. You can find out what's new in the world of cryptocurrencies and what news...

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Why are cryptocurrencies a more eco-friendly choice than traditional financial systems?
BITCOIN (BTC) ETHEREUM (ETH) MINING PoS (Proof-of-Stake) PoW (Proof-of-Work)

Why are cryptocurrencies a more eco-friendly choice than tradit...

Cryptocurrencies that use renewable energy and eliminate their carbon footprint are becoming one of the options to...

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Tether invests $1 Billion in Bitcoin mining project using renewable energy in El Salvador
BITCOIN (BTC) ETHEREUM (ETH) MINING

Tether invests $1 Billion in Bitcoin mining project using renew...

WEXO NEWS: Tether invests in El Salvador, while declining confidence in US banking sent ETH staking to record highs...

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Slovakia will pay significantly lower taxes on cryptocurrencies
BITCOIN (BTC) HALVING MINING

Slovakia will pay significantly lower taxes on cryptocurrencies

WEXO NEWS: Microstrategy buys Bitcoin, while Slovaks will pay significantly lower taxes on it.

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Bitcoin mining's use of clean energy exceeds 50%, attracting big companies
BITCOIN (BTC) BLOCKCHAIN MINING WEB 3.0

Bitcoin mining's use of clean energy exceeds 50%, attracting bi...

WEXO NEWS: Web3 and Bitcoin are becoming more and more attractive to businesses and companies, while the U.S. House...

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Elon Musk called fiat currency a scam
BITCOIN (BTC) FIAT / FIAT MONEY MINING

Elon Musk called fiat currency a scam

WEXO NEWS: Elon Musk has labelled fiat currencies a scam, while El Salvador's Volcano Energy geothermal project is...

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