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What is mining or staking in crypto?

CryptoFluxor

By CryptoFluxor
in Cryptocurrencies

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CryptoFluxor

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Mining uses computing power to secure a blockchain by solving cryptographic puzzles and earning new coins. Staking locks coins in a network to support validation and earn rewards. Both maintain decentralization and security. lmgx They differ in energy use, hardware needs, and how participants contribute to the protocol over time.

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