Mining is the extraction of digital currency.

Anyone who has the necessary computer equipment and special software can engage in cryptocurrency mining on the network (mining).

Previously, a PC and the Internet were enough to implement such a plan, but today the conditions for earning money have become more complicated.

Mining involves the use of computer power to solve various problems in the formation of new blocks of the cryptocurrency network.

Every day, the calculations become more complex, which increases the requirement for equipment.

In the process of mining, the computing power of the equipment, solving algorithms, produces a coin - a set of encrypted information.

Confirmation of the presence of a virtual currency in the network is a blockchain, which is a kind of account, and the crypto coin itself is a set of encrypted data.

This currency is stored in a decentralized manner, distributed among users' electronic crypto wallets.

It should be noted that with the increase in the complexity of the formation of blocks, the mining of virtual currency also loses its relevance.

The cost of purchasing equipment and the cost of paying for electricity simply does not pay off.

That is why in recent years special companies with the necessary capacities have been in demand.