Category: Mining
Mining is a record-keeping service done through the use of computer processing power.[d] Miners keep the blockchain consistent, complete, and unalterable by repeatedly verifying and collecting newly broadcast transactions into a new group of transactions called a block.[47] Each block contains a cryptographic hash of the previous block,[47] using the SHA-256 hashing algorithm,[4]:ch. 7 which links it to the previous block,[47] thus giving the blockchain its name.

 

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