mineriabitcoin

The miner's riddle

A massive computer is burning tons of electricity trying to guess a number. It makes trillions of attempts per second, randomly, until it finally finds the exact mathematical solution that seals a batch of transactions and rewards it with new Cryptominer Bros tokens.

What's the name of this algorithmic and mathematical process that secures the network?

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🇻🇪 Despite the total ban since 2024, Venezuela still contributes 0.5% of the global Bitcoin hashrate (5 EH/s), according to Hashrate Index, while the country is experiencing a historical peak in electricity demand.

😲A solo Bitcoin miner found two blocks in seven months and snagged a reward of nearly USD 600,000. The miner used mini ASIC NerdAxe and a Canaan Avalon Q rig, totaling a hashrate of 500 TH/s.

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