How are cryptocurrencies created

How are cryptocurrencies created?

Cryptocurrencies are created through a process called mining. Individuals with special hardware (hardware) are rewarded by a network with tokens or cryptocurrencies such as Bitcoin in return for their services. In this decentralized competitive process, if too many people try to mine a coin, it will become increasingly difficult to profit with each new addition to the network. This is one of the main reasons why Bitcoin, which can be produced on a limited basis, has increased in value over time with its increasing popularity.

How are cryptocurrencies created? Capital Forex NET

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