BTC logo
BTC
$108,516.66
1.56%
ETH logo
ETH
$3,938.15
2.86%
USDT logo
USDT
$1.0006
0.02%
BNB logo
BNB
$1,148.64
2.96%
XRP logo
XRP
$2.3824
2.50%
SOL logo
SOL
$190.34
4.27%
USDC logo
USDC
$1.0001
0.01%
TRX logo
TRX
$0.3199
1.44%
DOGE logo
DOGE
$0.1926
3.66%
ADA logo
ADA
$0.6577
4.60%
HYPE logo
HYPE
$37.72
6.04%
LINK logo
LINK
$17.90
4.38%
USDE logo
USDE
$0.9998
0.03%
BCH logo
BCH
$515.19
2.84%
XLM logo
XLM
$0.3194
2.53%
SUI logo
SUI
$2.6236
5.89%
AVAX logo
AVAX
$21.32
5.05%
WBT logo
WBT
$41.40
1.34%
LEO logo
LEO
$9.6325
0.02%
HBAR logo
HBAR
$0.1762
3.20%
BTC logo
BTC
$108,516.66
1.56%
ETH logo
ETH
$3,938.15
2.86%
USDT logo
USDT
$1.0006
0.02%
BNB logo
BNB
$1,148.64
2.96%
XRP logo
XRP
$2.3824
2.50%
SOL logo
SOL
$190.34
4.27%
USDC logo
USDC
$1.0001
0.01%
TRX logo
TRX
$0.3199
1.44%
DOGE logo
DOGE
$0.1926
3.66%
ADA logo
ADA
$0.6577
4.60%
HYPE logo
HYPE
$37.72
6.04%
LINK logo
LINK
$17.90
4.38%
USDE logo
USDE
$0.9998
0.03%
BCH logo
BCH
$515.19
2.84%
XLM logo
XLM
$0.3194
2.53%
SUI logo
SUI
$2.6236
5.89%
AVAX logo
AVAX
$21.32
5.05%
WBT logo
WBT
$41.40
1.34%
LEO logo
LEO
$9.6325
0.02%
HBAR logo
HBAR
$0.1762
3.20%
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What Is Proof-of-Work?

Proof-of-work is the blockchain-based algorithm that secures many cryptocurrencies, including Bitcoin and Ethereum.

By Alyssa Hertig
Updated Jan 12, 2023, 10:15 p.m. Published Dec 16, 2020, 10:57 p.m.
Bitcoin's proof-of-work algorithm is why it requires so much power and equipment.
Bitcoin's proof-of-work algorithm is why it requires so much power and equipment.