What is Crypto Mining?
Crypto mining is the process of validating and recording transactions on a blockchain network. Miners use specialized hardware to solve complex mathematical problems, which secures the network and rewards them with cryptocurrency.
Hardware Used for Crypto Mining:
- ASICs (Application-Specific Integrated Circuits): Custom-made hardware optimized for mining specific cryptocurrencies like Bitcoin.
- GPUs (Graphics Processing Units): Powerful graphics cards used for mining various cryptocurrencies, especially those resistant to ASICs.
- CPUs (Central Processing Units): General-purpose processors, less common now, used for mining some altcoins.
Mining hardware choice depends on the cryptocurrency being mined and the desired efficiency
In this post we discussed about Crypto mining and hardware use for mining and in later post we will discussed more about blockchain and interacting fact about crypto
