What is crypto mining? A guide for beginners

The race to obtain bitcoin and other potentially lucrative cryptocurrencies is tied to a complex virtual process called “mining” — with high risks and high rewards for those who want to get involved.

Crypto mining is different than services like Best Wallet, which allows users to manage their cryptocurrency holdings, or Coinbase, which allows them to buy or sell tokens. Essentially, mining allows users secure newly created crypto tokens.

Competition to mine Bitcoin (BTC) and other tokens is fierce and carries a steep learning curve. In order to succeed,…

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