Author:
Kristel Bechara
Country:
Lebanon
Category:
DeFi
The Miner
The term mining has gone through a linguistic evolution due to the growing popularity of cryptocurrency over the past, few years. A decade ago, a miner would be considered as someone whose work involved incredible physical labor in harsh conditions however with the birth of digital currencies, a new kind of miner was born: a crypto miner. When it comes to mining for crypto currencies, a miner uses powerful processing computers to discover solutions for complex hashing puzzles on the blockchain in order to earn cryptocurrencies as a reward. Whereas traditional mining involves strenuous physicality and robust machinery, digital mining tests the miners’ intellectual powers and their sophisticated computer systems.
