What Is Mining?

Mining is the process which new coins are created and given to computers to help maintain the network.  

The computers, or humans that operate them, are involved in a serious of complex mathematic races to process new transactions on the network.  (There are various forms of specialized hardware and software programs to do this.)

The “winner” of the race receives rewards, which depending on which coin you’re mining, the reward varies. 

However, the reward is usually in the form of multiple coins of the currency you’re mining.

Want to get some of that sweet sweet money?  See if it’s worth your time (and electric bill).