Days later, MaxiMine would issue a new smart contract and send 1.9 billion MXM ($200 million) to CoinBene. However, there is a problem with this explanation, and the issue lies in the timeline of events. According to Edwards, the transfer…

To complete the mining process, miners must be first to arrive at the correct or closest answer to the question. The process of guessing the correct number (hash) is known as proof of work. Miners guess the target hash by…