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Glossary / Mining

Mining

Mining is the work of adding new blocks in a proof-of-work chain, rewarded with newly created coins and fees.

Why it matters

Miner selling is one source of steady supply hitting the market.

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Related terms

Proof of workProof of work secures a blockchain by making computers solve costly puzzles to add blocks.…Bitcoin halvingThe halving cuts the reward for mining a Bitcoin block in half, roughly every four years.…

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Written by the VaultX AI team. Educational only, not investment advice.

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