Question: Q 9 . Answer the following questions about Cryptomining: ( a ) Explain the mining process. ( b ) What is a hashrate? What is
Q Answer the following questions about Cryptomining:
a Explain the mining process.
b What is a hashrate? What is it used for?
c The target hash of some cryptocurrency starts in hex zero digits followed by A Compute the network difficulty if the initial target hash had hex zero digits and the rest of the bits are ones.
d What is a mining pool? Why miners join mining pools? Give two examples of mining pools for Bitcoin and two for Ethereum.
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