Bitcoin Forum

For the most part, cryptocurrency mining is essentially a form of digital bookkeeping.
A miner performs accounting actions (also known as transaction verification) for the coin network of his choice. He gets paid for the service with a fraction of cryptocurrency every few days.

Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released.

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In cryptocurrency networks, mining is a validation of transactions. For this effort, successful miners obtain new cryptocurrency as a reward. The reward decreases transaction fees by creating a complementary incentive to contribute to the processing power of the network. Some miners pool resources, sharing their processing power over a network to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A "share" is awarded to members of the mining pool who present a valid partial proof-of-work.

Mining is generally an abyss. People spend a lot of money. And they very long return the money spent on equipment Some despair, surrender and sell everything. I believe that the best option is to sell the farm)))

Thank you for that information, we already know what is cryptocurrency mining. What was the point in creating that thread? What forced you?