Sep 20, 2023 | Updates
Quantum Blockchain Technologies (QBT) introduces groundbreaking techniques to enhance Bitcoin mining efficiency. The Message Scheduling for Cryptographic Hashing (MSFCA) approach disrupts the traditional blockchain paradigm. Collaborating with specialists, QBT has developed patented techniques like “Method A” (10% efficiency boost) and “Method B” (260% hash success increase). These innovations hold the potential to transform the Bitcoin mining industry, ushering in a new era of efficiency and advancement.
Apr 24, 2022 | Glossary
Simply stated, crypto mining means solving complex mathematical formulas to create crypto coins or tokens, by means of hardware or software.
With crypto mining, everything is documented on the blockchain. Everything is collected in a ‘block’, which then forms a chain of blocks in line with each other. You must remember that additions can only be made behind the block. Past transactions will always remain a part of the Blockchain and cannot be changed.
Incidentally, not only are the transactions stored but also refers to the previous block (the hash): a difficult to crack the mathematical puzzle.