What is Mining in Blockchain? (Crypto Mining)

August 3, 2023 ⚊ 1 Min read ⚊ Views 29 ⚊ TECH

Fiat currencies or Cryptocurrencies, none can be generated just out of thin air. Central banks like The Fed (US) and RBI (India) are responsible to create new currencies. Generating or printing new currencies also has certain rules, it is based on the economic well-being of a nation. So, it is fully centralized and the authorities like the central banks are responsible for the creation and circulation of fiat money.

Read details: https://www.bsetec.com/blog/what-is-mining-in-blockchain-crypto-mining/

Tags: blockchaindevelopers, blockchainservices

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