Helium Mining

In the previous chapter, we have examined the cryptocurrency mining process in detail. Mining is a critical aspect of distributed cryptocurrencies that are modeled after Bitcoin. As you will recall, mining produces three results:

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Practical Blockchains and Cryptocurrencies Speed Up Your Application Development Process and Develop Distributed Applications with Confidence

Karan Singh Garewal

Practical Blockchains and Cryptocurrencies: Speed Up Your Application Development Process and Develop Distributed Applications with Confidence Karan Singh Garewal Toronto, ON, Canada ISBN-13 (pbk): 978-1-4842-5892-7 https://doi.org/10.1007/978-1-4842-5893-4

ISBN-13 (electronic): 978-1-4842-5893-4

Copyright © 2020 by Karan Singh Garewal This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Trademarked names, logos, and images may appear in this book. Rather than use a trademark symbol with every occurrence of a trademarked name, logo, or image we use the names, logos, and images only in an editorial fashion and to the benefit of the trademark owner, with no intention of infringement of the trademark. The use in this publication of trade names, trademarks, service marks, and similar terms, even if they are not identified as such, is not to be taken as an expression of opinion as to whether or not they are subject to proprietary rights. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Managing Director, Apress Media LLC: Welmoed Spahr Acquisitions Editor: Spandana Chatterjee Development Editors: Matthew Moodie, James Markham, and Laura Berendson Coordinating Editor: Divya Modi Cover designed by eStudioCalamar Cover image designed by Pixabay Distributed to the book trade worldwide by Springer Science+Business Media New York, 233 Spring Street, 6th Floor, New York, NY 10013. Phone 1-800-SPRINGER, fax (201) 348-4505, e-mail [email protected], or visit www.springeronline.com. Apress Media, LLC is a California LLC and the sole member (owner) is Springer Science + Business Media Finance Inc (SSBM Finance Inc). SSBM Finance Inc is a Delaware corporation. For information on translations, please e-mail [email protected]; for reprint, paperback, or audio rights, please e-mail [email protected]. Apress titles may be purchased in bulk for academic, corporate, or promotional use. eBook versions and licenses are also available for most titles. For more information, reference our Print and eBook Bulk Sales web page at http://www.apress.com/bulk-sales. Any source code or other supplementary material referenced by the author in this boo

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