Mining is the process of creating new blocks on a Distributed Ledger Technology (DLT) system. It involves validating transactions and solving complex cryptographic puzzles — a mechanism known as Proof of Work (PoW).

Miners compete to solve these puzzles, and the first to do so adds a new block to the chain. In return, they are rewarded with newly minted coins or tokens. This process helps:

✅ Secure the network

✅ Prevent double spending

✅ Ensure consensus without a central authority

🛠️ Examples: Bitcoin and Ethereum (before The Merge) are well-known for using mining through PoW.

#BlockchainBasics #CryptoMining #ProofOfWork #CryptoEducation #CryptoForBeginners $BTC $ETH $BNB

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