Blockchain Mock Interview
Master 26 Blockchain interview questions covering consensus algorithms, smart contracts, and cryptography.
Question 26 of 26
What is Mining, and how is it used in a blockchain?
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William Swansen has worked in the employment assistance realm since 2007. He is an author, job search strategist, and career advisor who helps individuals worldwide and in various professions to find their ideal careers.
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.
William Swansen has worked in the employment assistance realm since 2007. He is an author, job search strategist, and career advisor who helps individuals worldwide and in various professions to find their ideal careers.
"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."
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