© Karan Singh Garewal 2020
K. S. GarewalPractical Blockchains and Cryptocurrencieshttps://doi.org/10.1007/978-1-4842-5893-4_14

14. Helium Mining

Karan Singh Garewal1 
(1)
Toronto, ON, Canada
 
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:
  1. 1.

    Attaches new blocks to the blockchain

     
  2. 2.

    Achieves distributed consensus on the content of the blockchain and hence distributed consensus on the transactions in the network

     
  3. 3.

    Creates fresh units of cryptocurrency that are distributed to miners

     

In this chapter, we will implement the theoretical concepts pertaining to distributed consensus ...

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