Siz education / What is crytocurrency mining / set 20% to siz-official

in Steem Infinity Zone2 months ago
Many people know about Cryptocurrency, but still there are many people who do not know about Cryptocurrency mining, what is crypto mining and crypto mining is used. In today blog we will see what is crypto mining and how is it done.

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If we talk about crypto mining, then as you know about many cryptocurrencies bitcoin ethereum or other currency apart from this if we want to do their crypto mining then for that mining we will need many computers and with them We have to use graphic cards, a crypto mining is done from those graphic cards and those graphic cards are a mathematical problem solve them which are different algorithm and when they call then the rewards of it is given to us. If given in the case of cryptocurrency, then the reward we get is given to us in exchange for crypto mining.

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As we know that cryptocurrency which is not refer our old banking system and against the our banking system and there is no third party involvement of any kind, you can do your transaction to any person in this world at any time in this world. And for this you do not need any third party or you do not need anyone elses working.As we know that our bank has a central system in which all the records of our transactions are with the bank, whereas if we talk about cryptocurrency, then we do crypto on a decentralized platform which has We do not need the involvement of any third party, nor do we have a record of our transactions, we are responsible for our own transactions and we can send or receive it to any person at any time.As we know that the record of our transactions is present on a ledger.

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Is Cryptocurrency legal.

If you want to find out if cryptocurrency is legal or illegal, then you need to know about the area of ​​​​your , whether the country where you live is cryptocurrency legal or not if there is more Apart from this, you have to get the authority from the government there that you want to do cryptocurrency mining, similarly there are many such countries in the world in which cryptocurrency is legal, while there are many such countries in which cryptocurrency is illegal.

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How crypto mining works.

If we talk about crypto mining, first of all we have to understand about crypto blockchain, what is blockchain, then if we talk about blockchain, then blockchain is a series of blocks which make a blockchain by mixing blocks from different.If we talk, then there are small pieces of keys contain in these blocks and the graphics hash also contain in these blocks.And these blocks which are strong in the blockchain, these blocks are from the blocks of transactions and all the data of the transactions which take place in them are present.Similarly different processes are done in blocks of blockchain and when we go through these different process these and our transactions are verified and what are our transactions are done through blockchain itself and what we do transaction on it We come and our transactions are located on these are made from new blocks.And similarly, when a block is completely verified that all the processes in it have been completely cured, then that block is added to the blockchain.

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Different Process Using in crypto Mining A Cryptocurrency mining Earn A Lot Of Money From It crypto mining Is Legalized In Many Countries Around The World And Earning A Lot Of Money From Cryptocurrency Mining Cryptocurrency Mining It is a wonderful field and a lot of people are working on it and along with technology this place is getting better.Crypto mining is an expansive project, but you can start it by investing a little in it and earn a lot of money from it, it depends on what you want to mine, there is a lot of mining of ethereum and bitcoin around the world. And apart from this, there are many other cryptocurrencies which have made crypto mining very easy and you can do cryptocurrency mining in the meantime and earn a lot of money from it.

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i hope this blog is very informative for you.

special thanks.
Special thanks.
@cryptokraze
@suboohi
@qasimwaqar
@vvarishay
@arie.steem.

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Our bank has a central system in which all the records of our transactions are with the bank.

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