what is minery?

in crypto •  7 years ago 

Https://minergate.com/a/9e200099c5f27334087f862f

Hello all, I present the already known minergate, much to hear of mining in the cloud that are unstable or a few months and that promise large quantities soon, many are unaware of the true meaning of mining, that is why they have been carried away with some platforms Good to which I leave a real mine information and of course reliable ....
MINING
According to the rules of cryptones, the node that creates a block can include a special transaction in that block: a coin creation transaction In addition, the node can also choose the recipient address of this transaction, which, of course, will be The own. To create a block, the node that proposes that block is required to get a unique arbitrary number or nonce that successfully solves a hash puzzle (hash puzzle).
The process of achieving the nonce that solves the hash puzzle is what is known as mining. Within which the distributed consensus operations explained above occur. The mining puzzles are in the very core of the criptomoneda to mine
The random selection of the authorized node to create a new block is solved by the mining system called Proof-of-Work. The key idea behind Proof-of-Work is that you can approximate the selection of an arbitrary node to, instead, the selection of nodes in proportion to a resource that we hope no one can monopolize. If, for example, that resource is computing power, then it is a Proof-of-Work system. Alternatively, it could be in proportion to the property of the coin, and is called Proof-of-Stake (Proof of Participation).
In this case minergate allows this process generating gains according to the power of the pc and the difficulty of the node according to the criptomoneda mines in bitcoin is the most complicated coin to mine followed by the ehereum
The most feasible are BYTECOIN MONERO AND ZCASH AEON since the nodes that create the blocks are simpler test minergate if you have a two-core PC from 32 to 64 bits and an android you can start mining

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!