Real Mining Asset
  • Real Mining Asset
    • Abstract
  • Introduction
  • Mission & Vision
  • Chllenge & Solution
  • Core Features
  • How Real Mining Asset Works
    • Pooling GPU Resources
    • Mining Bitcoin Blocks
    • Integrating Mining Rewards
  • RMA vs. Personal Mining
  • Tokenomics
  • Roadmap
  • Frequently Asked Questions
  • Our Community
    • Website
    • Twitter
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  1. How Real Mining Asset Works

Mining Bitcoin Blocks

Step 2: Mining Bitcoin Blocks

  • Transaction Validation: GPUs in the pool validate pending Bitcoin transactions, ensuring senders have sufficient funds and transactions are legitimate.

  • The Hashing Process (Proof-of-Work): Miners compete to find a specific hash value that meets the Bitcoin protocol's difficulty target by repeatedly hashing the block's header.

  • Block Propagation & Network Consensus: The first miner to find the valid hash broadcasts their solution. Other network participants verify it. If accepted, the block is added to the blockchain.

  • Earning Block Rewards: The successful miner (or in our case, the pool which then distributes to participants) receives newly minted bitcoins and transaction fees from the block.

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Last updated 16 days ago