Glossary term · Crypto fundamentals
Mining
The use of computing power to produce blocks and secure a proof-of-work network, rewarded with newly issued coins and fees.
Term identifier term:mining
Published
Definition from reference release method-v1.2.0Often confused with
Mining
The use of computing power to produce blocks and secure a proof-of-work network, rewarded with newly issued coins and fees.
Locking assets to participate in validation on a proof-of-stake network, usually for a reward.
Mining secures a proof-of-work network with computing power. Staking secures a proof-of-stake network with locked assets.