A ____ Runs Bitcoinsoftware That Verifies (Using a Hash Function)

question 36

Multiple Choice

A ____ runs Bitcoinsoftware that verifies (using a hash function) that the block chain has notbeen altered in any way since the previous transaction, and for this servicethe miner is rewarded with 25 new bitcoins.

• A) dumpster diver
• B) Groupon bot
• C) virtual currency specialist
• D) bitcoin miner

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Definitions:

Investment Turnover

A measure of the efficiency of an entity in generating revenue from its investments, often calculated as sales divided by the average investment.

Activity Base

An activity base is a measure used in managerial accounting to allocate costs, based on activities that drive costs, as part of activity-based costing (ABC).

Service Departments

Departments within a company that support the primary operations but don't directly generate revenue.

Profit Margin

A financial metric used to assess a company's profitability by comparing net income to sales; calculated as (Net Income / Sales) * 100.