In the present scenario of blockchain technology, cryptocurrency mining plays an imperative role. Miners are the ones that solve mathematical problems, generate new blocks, and verify transactions within the blockchain network. However, the efficiency of existing cryptocurrency mining process is majorly affected by two internal and external factors including:-

Internal Factor – The loss of data transmission during the phase of processing cryptocurrencies. Inaccuracy in data reading and reconstruction often leads to the loss of hash rates.  

 

External Factor – The large consumption of electricity is a critical factor affecting the

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