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.
Bitcoin Mining: How Bitcoins Are Created. With a traditional fiat currency (think the U.S. dollar or the Euro), a central bank (like the Federal Reserve) issues currency. That's not the case with Bitcoin.Instead, coins are generated using a process called mining.ith a traditional fiat currency (think the U.S. dollar or the Euro), a central bank (like the Federal Reserve) issues currency. That's not the case with Bitcoin. Instead, coins are generated using a process called mining.