Confirmation vs Mining

Quick comparison to help you distinguish these two crypto terms.

Confirmation
beginner
fundamentals

A confirmation in cryptocurrency is the verification that a transaction has been successfully included in a blockchain block and validated by the network, with additional confirmations representing subsequent blocks built on top, increasing transaction security and irreversibility with each new block.

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Mining
beginner
technical_analysis

Mining is the computational process of validating cryptocurrency transactions and securing blockchain networks by solving complex mathematical puzzles in exchange for newly created cryptocurrency rewards.

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