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Anna
@annajohnson
TIPS TO START CRYPTO MININ Read below; 👇
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Anna
@annajohnson
WHAT IS CRYPTO MINING? Bitcoin mining or crypto mining is what makes the blockchains that host Bitcoin and some other cryptocurrencies work. It’s how new Bitcoins are created and it’s how transactions on the network are processed and confirmed. Crypto mining is a critical part of the blockchain infrastructure as it maintains and develops the blockchain ledger -Bitcoin and crypto mining refers to Proof-of-Work consensus mechanisms for blockchains. -Miners use dedicated machines to solve complex mathematical puzzles. -Once the puzzle is solved, transaction information is verified and a new block is added. -Miners are rewarded for their efforts with new coins.
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