The systematic study of past human life and culture by the recovery and examination of remaining material evidence, such as graves, buildings, tools, and pottery. [French archÃ©ologie, from New Latin archaeologia, from Greek arkhaiologiÄ, antiquarian lore : arkhaio-, archaeo- + -logiÄ, -logy.]
Mining. In cryptocurrency networks, mining is a validation of transactions. For this effort, successful miners obtain new cryptocurrency as a reward. The reward decreases transaction fees by creating a complementary incentive to contribute to the processing power of the network.
The whole focus of mining is to accomplish three things: 1  Provide bookkeeping services to the coin network. Mining is essentially 24/7 computer accounting called 'verifying transactions'. 2  Get paid a small reward for your accounting services by receiving fractions of coins every couple of days.