Mining

     Named after the traditional excavation process used to obtain gold, Mining the process of reaching consensus in distributed Proof-of-Work cryptocurrency environments. Through Mining, transactions become valid, blocks get appended to the blockchain and new cryptocurrency is minted.
     Under the hood, mining is a complex and competitive mathematical process that consists of combining nonce’s with block headers and hashing them as quickly as possible in order to find the a solution to a problem. Mining itself is not entirely deterministic as there is a chance of serendipitous fining the solution by luck, the odds of that however are 1-in-over-100 trillion & growing constantly.

      Resources

Name Price24H (%)
Bitcoin (BTC)
$7,143.18
4.37%
Ethereum (ETH)
$183.68
7.59%
XRP (XRP)
$0.189196
3.47%
Tether (USDT)
$1.00
-0.03%
Bitcoin Cash (BCH)
$233.71
6.72%
Bitcoin SV (BSV)
$193.30
6.32%
Litecoin (LTC)
$41.86
3.52%
EOS (EOS)
$2.63
4.29%
Binance Coin (BNB)
$15.70
4.80%
Tezos (XTZ)
$2.36
9.09%
Donate

BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

Connect With Us

Welcome To The Crypfo Initiative!

There was an error while trying to send your request. Please try again.

Crypfo.info will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Join the Leaders of the Digital Economy.
Gain Access to Specialized Crypto Asset Insight before anyone else.