Cryptocurrency Mining in Short
The process of crypto mining is to solve a Crypto Logic Puzzle to find a hash which connects the new block with its predecessors block, in-turn adding transaction records to the currency’s public ledger of past transactions.
The investment and returns on Crypto mining depend on a number of factors, thus it is important to understand and properly analyze a few things before getting into mining.
In order to start, you can opt from investing in cloud mining services or buy cryptocurrrency mining hardware. A mining system is used to produce Cryptocurrencies, whereby miners use a sophisticated algorithm to solve the crytographic puzzle, which releases blocks of coins and finally move into circulation.
Keep in mind that when looking to invest heavily in crypto mining hardware, you may be looking at 4–6 months or more until you just break-even. Furthermore, unless you are technologically driven, your best bet is to invest your funds into buying cryptocurrencies.
But for those of you that really want to test the waters with Crypto mining, here are a few things to keep in mind.
https://medium.com/@trade.io/cryptocurrency-mining-in-short-d52338a3570f
