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4c1e8dd858
+ correction on Italian Account + Removed leftover miners.md (replaced by mining.md) + Removed Dust and update Copyright + Code improvement to avoid reading the config file and to use the builtin jekyll config variable passed in the content + Ammount.md:25/26 glitch "\@transaction-privacy" corrected. PL to be checked twice. + Italian ammount.md moneropedia links corrected (terms added to destination entries, unnecessary markdown links removed) + Polish corrections + extend ruby \word-boundary in regex to match `-based` `-like` `-form` + Updated readme according to the new way to add or translate a moneropedia entry + fix mining with CryptoNight variant + rebased to include AR + chery picked #820 to avoid conflicts
16 lines
1.2 KiB
Markdown
16 lines
1.2 KiB
Markdown
---
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entry: "Mining"
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terms: ["mining", "miner", "miners"]
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summary: "the process of cryptographically computing a mathematical proof for a block, containing a number of transactions, which is then added to the blockchain"
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---
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### The Basics
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The process of cryptographically computing a mathematical proof for a block, containing a number of transactions, which is then added to the blockchain.
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Mining is the distributed process of confirming transactions on the public ledger of all transactions, aka @blockchain. Monero nodes use the blockchain to distinguish legitimate transactions from attempts to re-spend coins that have already been spent elsewhere.
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Monero is powered strictly by Proof of Work. It employs a mining algorithm that has the potential to be efficiently tasked to billions of existing devices (any modern x86 CPU and many GPUs). Monero uses a variant of CryptoNight Proof of Work (PoW) algorithm, which is designed for use in ordinary CPUs and GPUs.
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The smart mining feature allows transparent CPU mining on the user's computer, far from the de facto centralization of mining farms and pool mining, pursuing Satoshi Nakamoto's original vision of a true P2P currency.
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