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Published on Jul 31, 2022

Mining Algorithm

Author: Sidharth
#Glossary
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A mining algorithm refers to the sets of rules and instructions imposed in the form of a computer program to validate a block. Mining has become one of the most integral parts of the blockchain.

There are a plethora of mining algorithms that are currently being used to mine cryptocurrencies. SHA-256 is the most commonly used algorithm created by the NSA. SHA is the abbreviation for the secure hash algorithm.


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