Tag Archives: mining

What is Proof of Work?

What is Proof-of-Work (PoW)?

Vertcoin is a cryptocurrency that use Proof-of-Work (PoW). Proof-of-Work (PoW) is a consensus algorithm that is used by many blockchain networks, including Vertcoin, to ensure the integrity and security of the network. In a PoW-based blockchain, all participants (nodes) must perform a certain amount of computational work in order to add new blocks to the […]

What is mining

What is Crypto Mining?

Cryptocurrency mining is the process by which new digital coins are created and transactions on a blockchain network are verified. It is a decentralized process that is powered by a network of computers, each contributing computing power to solve complex mathematical problems that are necessary to validate transactions and create new coins. This process is […]