Cryptocurrency Mining Explained

Share to Socials

What is Mining?

Mining is the process by which new cryptocurrency coins are created and transactions are verified. It involves solving complex mathematical problems, which requires significant computational power.

Environmental Concerns

While mining is essential for the functioning of many cryptocurrencies, it has raised environmental concerns due to its high energy consumption. Solutions such as renewable energy sources are being explored to mitigate this issue.

"Mining is crucial, but sustainability is key."