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PARAGRAPHBitcoin mining is the process mechanisms like proof-of-stake PoSon the blockchain.
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What is Bitcoin Mining for Beginners - Short and Simple(CRYPTOcurrency mining) The competitive process that verifies and adds new transactions to the blockchain for a cryptocurrency that uses the proof-of-work (PoW). Crypto mining is a process blockchain networks, like Bitcoin and other cryptocurrencies, use to finalize transactions. It's called mining because this. Mining is the process that Bitcoin and several other cryptocurrencies use to generate new coins and verify new transactions. It involves vast, decentralized.
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