How to mine cryptocurrency

 

1. What is mining?







Mining is key to maintaining the blockchains that record transactions and keep crypto decentralized, but in simple terms, mining is the process in which transactions are verified and added to the digital ledger.

Cryptocurrency prices over the past year have surged due to the aforementioned renewed interest, and it is one of the most viable ways to participate in the upside of digital currencies without purchasing them directly.

In practice, miners' computers and setups are actually solving mathematic equations which verify the digital currency transactions.

Their reward for solving these equations is a small share of the cryptocurrency that's linked with the blockchain that they're a part of.


2. How can you start mining?


The first step is setting up a mining rig, a cloud miner then get a bitcoin or crypto wallet, and then a person needs to join a mining pool before downloading a mining program to their computer.

  • How to mine with PC?


You can download this programme or this and start mining. It will automatically choose the settings for your PC.










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