What Is Crypto Mining?

Rupert Murdoch 2 d

Crypto mining is the process where powerful computers validate cryptocurrency transactions, add them to a public ledger (blockchain), and in return, receive newly created coins and fees as rewards, a system that secures the network and prevents double-spending, acting like a digital gold rush for verifying transactions. Miners use specialized hardware (like ASICs or GPUs) to solve complex math problems, competing to find the solution that adds the next block of transactions to the chain.

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