What is Crypto Mining and How it Works?

Cryptocurrency mining is a profitable activity that is accessible to everyone. The good news is, you don’t need to understand all the technical details to start making money through crypto mining. However, you still need a solid understanding of mining to generate income. 

In the following article, we’ll cover some basic steps on how to earn potential income from crypto mining.

What is Crypto Mining?

The mining process typically involves a group of people — known as miners. To join them, you’ll need the right hardware and software. Additionally, some cryptocurrencies have different protocols for mining new units. The most popular crypto asset for mining is Bitcoin, due to its large market size and high unit value. To mine new Bitcoins, miners must verify transactions and add them to the blockchain by solving complex mathematical equations using powerful computers.

As a result, miners require high-performance hardware and mining equipment, which can be a challenge for those with limited capital.

Read the full article on How to Mine Crypto on BeInCrypto Indonesia