The average time taken to mine a new bitcoin is 10 minutes, but it also depends on the kind of mining power that one possesses. Given this challenge, competition among bitcoin miners is also intense. Will Bitcoin mining ever end? A mere decade from now, nearly 97 percent of BitcoinsRead More →
An ERC20 token is a standard used for creating and issuing smart contracts on the Ethereum blockchain. Smart contracts can then be used to create smart property or tokenized assets that people can invest in. Can tokens be mined? Mined tokens are used to raise the capital of any companyRead More →
How Long To Mine 1 Ethereum. One Ethereum – or 1 ETH – does not, theoretically, take long to mine. Ethereum has a block time of around 13 to 15 seconds, with each block rewarding 2 ETH. Is there mining in Ethereum? Mining is the process of creating a blockRead More →