Volume 18, No. 5, 2021
Crypto Currency Mining-A Centralised Exchange Model For Thorniest Issues
RATHNAKAR GATLA
Abstract
Have we ever wondered what it takes to mine Bit coin and other crypto currencies, and how may obtain crypto tokens without having to purchase them on an exchange? Many individuals were drawn to the crypto ecosystem by the fast rise in the values of crypto currencies such as Bit coin, Ether, and Doge coin. While most individuals purchase and trade them on exchanges, it is also feasible to 'mine' these tokens using the computer. The promise of getting paid with Bit coin is a major lure for many miners. To be clear, do not need to be a miner to possess bit coin tokens. We can buy crypto currencies with fiat currency, trade them on an exchange like Bitstamp with another crypto currency like, Ethereum or NEO to buy Bit coin, or earn them by shopping, writing blog posts on platforms that pay users in crypto currency, or even setting up interest-earning crypto accounts.
Pages: 105-114
Keywords: Proof-of-work, Proof-of-stake, Proof-of-authority, contract for differences and OTC.