The world of blockchain has many misleading terms, and "mining" is one of them. I try to clarify what mining means from several levels. Physical Mining: Finding Value with a Shovel The zeroth level, mining is to take a shovel to dig mud and find the minerals inside, that is, the valuable part. You must think I'm joking, who doesn't know this, what they don't understand is the "mining" in blockchain terminology.
But I'm serious. Let's look back at the original meaning of this word in the traditional world, which will help to understand its new interpretation in photo retouching service the blockchain world. The return from mining is a new creation for the society. It does not exist in the first place. It is a process from scratch. Miners can make money because they provide new resources and generate new value. Of course, in reality, it is the mine owner who makes the money, and the miners' wages may be just enough to live on,
and even industrial safety is not guaranteed, but the discussion between the capitalist class and the proletariat will not be discussed here. Compared with the creation of new value through mining, the provision of goods and services is a value-added process. Whether it is delivering goods to the house, good design, or thoughtful service, they are all based on existing products or services to provide additional value. Bitcoin Mining: Accounting with