Mining involves using #specialized computers to solve complex #mathematical equations, with successful miners rewarded with BTC.
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#mathematical
This #agreement must be written as a #mathematical formula and entered into a smart contract that is observable, verifiable and enforceable, which he calls a “smart financial contract.”
As already noted, #Bitcoin mining uses a lot of energy for miners to validate transactions and add them to the #blockchain by using powerful computers to solve challenging #mathematical puzzles.
which calls for #miners to solve #challenging #mathematical puzzles.
Mining #crypto uses energy because it is a process that requires computers to perform complex #mathematical calculations in order to validate transactions and add new blocks to a #blockchain.
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