In simple terms, mining is how the crypto network stays secure and how new coins enter the system. High-powered computers solve complex mathematical puzzles to verify transactions.
How does it work?
Validation: Miners check if a transaction is real.
Security: They protect the network from hackers.
Reward: For their hard work, miners receive new crypto coins as a reward.
Is it still profitable in 2026? While mining used to be easy on a home laptop, today you need specialized hardware like ASICs. However, "Cloud Mining" is becoming a popular way for beginners to start without buying expensive machines.
Personal Tip: If you are just starting, I recommend learning about 'Proof of Stake' as well, which is a more eco-friendly alternative to traditional mining.

0 Comments