Mining is the process of finding a hash that correctly satisfies the proof of work of a block, verifying the transactions and maintaining the blockchain.
While mining can be done theoretically with anything that supports SHA-256, and in the earlier days, it was with CPUs and GPU’s, the most efficient way of doing it now is using ASICS, or application-specific integrated circuits.
1 Hova Villas Brighton & Hove
BN3 3DH United Kingdom
All rights reserved by Bitcoinist Ltd. | 2016.