What is the name of the algorithm used by Bitcoin for mining?

What is the name of the algorithm used by Bitcoin for mining?

Published: 30-Nov--0001

(a) SHA-256

(b) Scrypt

(c) Ethash

(d) X11

Answer: SHA-256

| Subject : Technology | Chpater : Cryptocurrency

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More MCQ Question

What is the name of the first decentralized cryptocurrency?

What is the technology that underlies Bitcoin and most other cryptocurrencies?

What is the process of verifying transactions on a blockchain called?

What is the maximum number of Bitcoins that can ever exist?

Which cryptocurrency is often called the "silver to Bitcoin's gold"?

What is the name of the person or group of people who created Bitcoin?

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