If you’re new to the crypto space, you may feel a bit overwhelmed. Fortunately, it’s easier to understand that you might think. Cryptocurrencies are the future; the time is now to know how they work and more importantly, how they can help you
Mining is the process by which transactions are verified and added to the public ledger, known as the blockchain, and also the means through which newly released bitcoins are. Anyone with access to the internet and suitable hardware can participate in mining
Also known as crypto coin mining, altcoin mining, or Bitcoin mining (for the most popular form of cryptocurrency, Bitcoin), cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.
Mining is intentionally designed to be resource-intensive and challenging so that the number of blocks found each day by miners remains steady. Individual blocks must contain a proof of work to be considered valid.