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Wed, 8 Jul BTC $62,599.99 -0.76% ETH $1,751.97 -0.93% CAP $1.93T 20 Extreme Fear Live
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Glossary

Mining Intermediate

Mining is using computing power to validate transactions and secure a proof-of-work chain such as Bitcoin.

Miners race to solve a cryptographic puzzle; the winner adds the next block and collects newly minted coins plus fees. It uses a lot of electricity and has become an industrial-scale business.

This definition is educational and not financial advice. Crypto is volatile and high-risk — always do your own research.