Day: August 19, 2025
What exactly is cryptocurrency mining and how does it work?
When people talk about Bitcoin mining, it often conjures up images of pickaxes and underground tunnels. In reality, mining has nothing to do with hard hats and coal dust. Instead, it’s about solving complex equations that keep cryptocurrencies like Bitcoin and Ethereum secure, while also generating new coins. But how does this process really work — and why does it consume so much energy?