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Ebi
@ebidelii
Mining is a process in blockchains based on the Proof-of-Work (PoW) mechanism in which people active in the network, known as miners, compete with each other in validating blocks. The miner who is the first to find a valid block containing user transactions receives the reward for that block. To operate in such a system, specialized hardware equipment is usually required. In the network of some digital currencies such as Bitcoin, due to intense competition, you must use equipment such as ASIC Miner. However, in the blockchain of some other digital currencies such as Ethereum Classic, it is also possible to use a graphics card (GPU) at lower costs.
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