It was the consensus mechanism of proof-of work (PoW), that set off the revolution.BTC() In 2009, it was the preferred model behind many of the most popular projects during the initial years of crypto-ecosystem.
With the rise of other consensus models, such as Proof-of-stake, popularity grew, particularly with the rising cost of operating mining rigs and the need to constantly update equipment. Environmental concerns also led to many people abandoning the PoW model.
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