Cryptocurrency is a form of digital money used for making payment without going through banks. The top ones are Bitcoin, Ethereum, Litecoin and more. Bitcoin is the first digital currency introduced in 2009.
This Cryptocurrency uses blockchain technology to do a transaction. Blockchain is a shared ledger across network of computers.
What is Crypto Mining?
Each transaction is recorded and approved by miners in the blockchain. Their function is to update each time there is a transaction, approve and confirm the transaction. Miners are rewarded accordingly.
There are various ways to do mining. Mining can be done through computer CPU, GPU or with special miners such as S9 Antminer from bitmain. These miners can be bought at
To make money investors can also do cloud mining on websites such as Genesis, Hashflare, Nuvo. Here investors invests money and gets return in form of cryptocurrency.
https://www.genesis-mining.com/
Overall Cryptomining a good source of income. What do you guys think?
