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What is Mining?

Crypto Glossary Definition

The process by which new blocks are created on a blockchain and transactions are verified.

Why Mining Matters

Mining is how Proof-of-Work blockchains like Bitcoin add new blocks and issue new coins, using computing power to solve a cryptographic puzzle. It's also energy-intensive at scale, which is the main reason many newer blockchains chose Proof of Stake instead.

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Related Crypto Terms

MooningTo increase drastically in value.…Moving AverageA technical analysis indicator which takes the average of a …Miner Activated Soft Fork (MASF)A soft fork activated because miners signaled (voted) for it…Mining AlgorithmThe nature of the computational work that must be performed …Mining PoolA group of miners who share their processing power over a ne…MintingMinting typically refers to the creation of an NFT. The pers…
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