Mining Currencies

This quiz is designed to test your knowledge of mining currencies, cryptocurrency, and blockchain technology. It includes questions related to the process of mining, different types of cryptocurrencies, and the underlying technology of blockchain. All questions and content are in the same language as the context provided.

What is the role of a miner in the blockchain network?

Verifying transactions

Managing wallets

Creating smart contracts

Which cryptocurrency uses the SHA-256 algorithm for mining?

Ethereum

Bitcoin

Litecoin

What is the process of mining currencies?

Proof of Stake

Proof of Work

Delegated Proof of Stake