What does mining gas mean

What does mining gas mean

What does mining gas mean? What does mining gas mean? In the currency circle, GAS refers to the energy consumed by a unit of digital currency loaded. It refers to a virtual asset that determines a specific value (such as hash rate) by calculating resources in the network, in order to obtain a corresponding amount of data or information for rewards and punishments For those who want to participate in blockchain or engage in Bitcoin trading, they usually pay a certain fee (usually 100000 Bitcoins). And these costs all take a long time to be digested. Therefore, when you want to use your funds, you must bear this cost

Mining gec

Mining gec

According to official information, Gec (GEC) will officially open on October 31, 2020. Currently, the testing network has been launched and mining has started; At the same time, the public beta version of gec-eos will also be launched. Gec is a decentralized Web application developed based on Ethereum. The software aims to achieve functions such as peer-to-peer trading, data encryption, and distributed storage by combining blockchain technology with artificial intelligence. It is reported that GEC is the first digital currency mining machine project in China to adopt the “dual token” mechanism. (Chain Dede)

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