What is Crypto Mining? & How it is Actually Done (Animated)

What is Crypto Mining? & How it is Actually Done (Animated)

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you can’t be in the crypto world without hearing about crypto mining. in fact, it is a very popular topic in the crypto space today. So, what is crypto mining? well the short answer is verifying transactions on the blockchain. when these miners verify transactions, they get rewarded with cryptocurrency, Like Bitcoin or Etherium. in this video you will know exactly why the Bitcoin network needs miners, what exactly is mining, and how mining is actually done, how can you start mining, and finally, is mining still profitable in 2022?

⌚ Timestamps:
00:00 Intro
01:00 Why The Bitcoin Network Needs Miners?
02:15 What Exactly is Mining?
04:20 How Mining is actually Done?
07:35 How can You Start Mining?
08:55 Is Mining still Profitable in 2022?

📚 Read in Text Format: https://www.cryptobie.net/crypto-mining-detailed-guide/

⛏️ Mining Software:
Nicehash: https://www.nicehash.com/
Kryptex: https://www.kryptex.org/