Crypto Mining Explained | Animation | Cryptomatics

Crypto Mining Explained | Animation | Cryptomatics

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In this video, we will explain what crypto mining is, how does it work, see how expensive it is, and if it is good or bad for the environment.

Crypto mining represents a process in which transactions for different types of cryptocurrencies are verified and then added to the blockchain digital ledger. Crypto mining is a current topic of interest and a popular activity as crypto usage itself has grown to a level that many argue means it is part of the mainstream now.

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🔥CryptoRobin 👉 https://www.youtube.com/channel/UC3WPi0MJYfDcETCDY8m2LGg/videos

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- CHAPTERS -

0:00 Intro Cryptomatics
0:30 What is Crypto Mining?
1:06 How does Crypto Mining work?
1:54 Is Crypto Mining Expensive?
3:09 Is Crypto Mining bad for the environment
4:24 Conclusions
4:52 Outro Cryptomatics

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⛓️ 🔗 Useful Links 🔗⛓️

https://www.forbes.com/sites/christopherhelman/2021/08/02/green-bitcoin-mining-the-big-profits-in-clean-crypto/?sh=7db29ace34ce
https://www.cnbc.com/2021/07/20/bitcoin-mining-environmental-impact-new-study.html
https://blog.coinbase.com/fact-check-is-bitcoin-mining-environmentally-unfriendly-3559823af6f1

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#Mining #CryptoMining #Animation #Cryptomatics #Blockchain #Crypto #CryptoEducation