How to Answer: What is Mining, and how is it used in a blockchain?
Advice and answer examples written specifically for a Blockchain job interview.
2. What is Mining, and how is it used in a blockchain?
How to Answer
This question may look familiar to another question you answered earlier in the interview. Some interviewers will often ask similar questions about the same topic multiple times to correlate your answers. By answering accurately and truthfully each time, you will not have to worry about this trick that some untrained interviewers will use to try to trip you up.
Written by William Swansen on February 26th, 2021
Answer Example
"Within a blockchain environment, Mining is the activity of adding additional blocks to the chain. This is accomplished by verifying transactions using one of the correlation algorithms common to blockchains. Mining requires a large amount of computing power and electricity. Individual users known as Miners perform this function and are rewarded for their efforts. Mining is typically related to blockchain currencies such as Bitcoin."
Written by William Swansen on February 26th, 2021