What is Monero mining?

Monero mining uses the proof-of-work consensus to validate and approve the transactions that go through the underlying blockchain. However, it is different from other proof-of-work consensus algorithms because the design is such that mining may be done using standard computers to gain rewards. Monero, a decentralized cryptocurrency that was launched inĀ  2014, boasts the third-largest … Continue reading What is Monero mining?