9 lines
499 B
Markdown
9 lines
499 B
Markdown
# Mining
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The technical process of confirming transactions in a [blockchain](blockchain.md) using the proof of work [consensus-algorithm](consensus-algorithm.md). Mining is typically centralized by companies known as mining pools which pool physical compute resources in order to increase their probability of confirming blocks.
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Mining is an energy intensive process with a large environmental footprint.
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## References
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* [@kufeoglu_bitcoin_2019]
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* [@de_vries_bitcoins_2018]
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* [@vries_bitcoins_2021] |