Cryptocurrency mining is the process of creating new blocks in the cryptocurrency blockchain by solving complex mathematical problems. Mining participants, called miners, use specialized equipment (for example, ASIC miners for bitcoin) to perform these calculations and verify transactions.

When the miner solves the problem, he creates a new block, which is added to the chain of previous blocks (blockchain). For their work, miners are rewarded in the form of cryptocurrency. For example, for bitcoin at the moment, the reward for creating a new block is 6.25 BTC.