In this course we are going to look bitcoin mining, types of mining and how to mine bitcoin yourself
Mining is a vital feature of many cryptocurrencies. Put simply, it’s the process by which transactions are checked to see that they follow certain rules of the network. Miners perform the necessary checks and verifications financially.
Crypto miners receive cryptocurrency as a reward for completing “blocks” of verified transactions which are added to the blockchain.
Cryptocurrency mining is painstaking, costly, and only sporadically rewarding. Nonetheless, mining has a magnetic appeal for many investors interested in cryptocurrency because of the fact that miners are rewarded for their work with crypto tokens. This may be because entrepreneurial types see mining as pennies from heaven, like California gold prospectors in 1849. And if you are technologically inclined, why not do it?