What is the latest algorithm used in Bitcoin mining?

1 answers

• Mar 19, 2022 · 3 years ago
  As an expert in the field, I can confirm that the latest algorithm used in Bitcoin mining is SHA-256. This algorithm is widely recognized for its security and efficiency in securing the Bitcoin network. It plays a crucial role in the mining process by ensuring the integrity of transactions and the creation of new blocks. Miners need to invest significant computational power to solve the complex mathematical problems posed by SHA-256, which in turn helps maintain the security and decentralization of the Bitcoin network.
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