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Cryptocurrency mining

Authored by Rosheni Nair

Computers

Professional Development

Used 10+ times

Cryptocurrency mining
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6 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

What is a blockchain?

A distributed ledger on a peer to peer network

A type of cryptocurrency

An exchange

A centralized ledger

2.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

What incentive do the the miners receive to give correct validation of transactions?

A nonce

A block reward

Thumbs up from the community

More memory

3.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

Which of these is used in bulk to more quickly mine cryptocurrency?

CPU

Motherboard

GPU

Router

4.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

What do crypto miners do?

Go in caves to dig up rocks and gems

Reverse engineer the hash of a block to find private keys

Calculate the correct hash of the next block in a blockchain

Create and maintain the programs needed for blockchain technology

5.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

What is the current Bitcoin block reward for miners?

50 BTC

12.5 BTC

25 BTC

6.25 BTC

6.

MULTIPLE CHOICE QUESTION

10 sec • 5 pts

Which country has illegalized crypto mining?

Malaysia

USA

China

Brazil

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