Crypto mining is the process of verifying and adding transaction records to a blockchain, a distributed and immutable ledger. Miners use specialized computers to solve complex mathematical problems to validate transactions and earn cryptocurrency as a reward.
Crypto mining plays a crucial role in the functioning of cryptocurrencies and blockchain technology. It secures the network, prevents fraud, and ensures the integrity of the blockchain. Additionally, mining contributes to the decentralization of cryptocurrencies, as anyone with the necessary hardware and expertise can participate in the process.
