CCL306(1)

Front

Mining is profitable only when the cryptocurrency mined is worth more than the cost to perform calculations. True or False?

Back

True

Front

Mining involves vast, decentralized networks of ______ around the world that verify and secure blockchains.

Back

Computers

Front

Mining is the process that only Bitcoin use to generate new coins and verify new transactions. True or False?

Back

False

Front

The blockchain awards the fastest miners to guess the hash with _________ ?

Back

Cryptocurrencies

Front

Miners verify and secure the transactions in a Blockchain. True or False?

Back

True