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What does Bitcoin CPU calculation mean (What mathematical problem is Bitcoin calculator)?

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What does Bitcoin CPU calculation mean? In the computer industry, it is called

What does Bitcoin CPU calculation mean (What mathematical problem is Bitcoin calculator)?

What does Bitcoin CPU calculation mean? In the computer industry, it is called “mining”, which is the process of combining the computing power of a specific block using algorithms. When we refer to this blockchain as Bitcoin, we need to use this computer to run the whole process. If Ethereum wants to become the first to adopt the PoW mechanism, it will need to use this method to operate these nodes. Currently, some Bitcoin mining methods on the market belong to this category. (cointelegraph)

What mathematical problem is Bitcoin calculator?

According to coindesk, the Bitcoin calculator (Bithashing) is a mathematical problem. Before defining the concept of cryptocurrency, it needs to use a method called “mining” to prove the ownership of its digital assets and the way to mine blocks. If someone considers mining technology as a feasible technical solution, then this technology should be considered as a promising application. However, if someone wants to create a new system using this method, they must accept information from others because they don’t know how much data they have.

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