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word number: 76
Time: 2023-11-26 12:39:20 +0000
Simply a trustless consensus process of maintaining the blockchain, verifying transaction, and issuing new currency, in short becoming a bank. The process is also called mining because the bank is rewarded with coins for the work.
The cost of mining are basically:
If these are free, then it’s a guarantee profit. However, do consider resting your computer sometimes.