Cryptocurrency mining is the process of verifying transactions on a blockchain network and adding them to the public ledger. It involves solving complex mathematical equations using powerful computer hardware and software.
The first and most popular cryptocurrency, Bitcoin, was created in 2009 by an anonymous person or group known as Satoshi Nakamoto. Since then, the cryptocurrency market has exploded, with new coins and tokens being created almost daily.
One of the main reasons people are interested in mining cryptocurrency is the potential for profit. As the value of cryptocurrencies like Bitcoin continue to rise, so does the potential profitability of mining them.
In this guide, we will explore the history of Bitcoin and its creator, the basics of cryptocurrency mining, and some of the top coins to mine in 2021.
