What is mining ?

[Workcrazy101]

Mining is one way to get Bitcoin which is the most popular cryptocurrency in the world. Bitcoin mining is done by using special computer devices to solve algorithms or mathematical calculations of Bitcoin transactions made by miners. The way bitcoin mining works is by blockchain. Many bitcoin transactions occur simultaneously. The transactions that occur at the same time are grouped into the same group, the group is known as blockchain.

mining refers to the process where a global network of computers running the Bitcoin code work to ensure that transactions are legitimate and added correctly to the cryptocurrency's blockchain

[Aryan0058]

mining refers to the process where a global network of computers running the Bitcoin code work to ensure that transactions are legitimate and added correctly to the cryptocurrency's blockchain. Mining is also how new Bitcoin is entered into circulation.

[Osama Sultan]

Dear New crypto users, mining is a crypto business in which you dedicate your mining devices to crypto field and your devices work as a validator of approving any coin network transaction (which coin you mine devices approve this coin transactions) You know that there is a fee of transferring coin from one address to another this fee is given to miner known as mining profitability.

[Aryan0058]

Crypto mining is the process of verifying blockchain transactions for a reward. Miners are paid for their work, kind of like how Visa takes a cut for verifying credit card transactions. The difference is, miners are random individuals all over the world

[Osama Sultan]

Good question for Beginners ,
What is mining ?
Mining is is a word means extracting anything , And in crypto field we refer this word to crypto mining , Its a process of solving highly complicated problems , its doing by using powerful computing devices , also computers also used as mining device but have very less processing power therefore we use special devices highly powerful created specifically for mining purpose ,
ASIC machines ( Application Specific Integrated Circuit ) , where are very powerful think its have the power of 100 computers , using there devices miners mine bitcoins and other cryptos , there machines validates our crypto transactions that we make from one wallet to another , miners transfer our crypto safely and take transaction fee as a reward , which we say transaction fee .

[Maaz Sultan]

Bitcoin mining is the process of creating new bitcoins by solving extremely complicated math problems that verify transactions in the currency. When a bitcoin is successfully mined, the miner receives a predetermined amount of bitcoin. if you want to learn more check out this article : https://www.bankrate.com/investing/what-is-bitcoin-mining/#:~:text=Bitcoin%20mining%20is%20the%20process,a%20predetermined%20amount%20of%20bitcoin.

[CoinMany6]

Bitcoin mining is the process of getting new Bitcoin. It also confirms the transactions in the network running in Bitcoin code and sync to all nodes on the chain. ‘Mining’ is performed on a computer for hash operations. The first computer to find the solution to complex math puzzles will get the right for the next block and this happens every 10 minutes. The ability to find the solution depends on the portion of the network’s total mining power.

[maxfalton80]

Hi all. I am also new to mining cryptocurrencies. I read the forum thread, learned a lot of useful information for myself. Now it remains only to figure out where and which currency is more profitable to mine

[Cherrysix]

Bitcoin mining is the process by which Bitcoin transactions are validated digitally on the Bitcoin network and added to the blockchain ledger. It is done by solving complex cryptographic hash puzzles to verify blocks of transactions that are updated on the decentralized blockchain ledger. As simply as that 

[Jackie0012]

Bitcoin mining is the process of using computer hardware to perform complex calculations that validate and record transactions on the Bitcoin blockchain, earning miners Bitcoin as a reward.

[Z-tight]

Bitcoin mining is the process by which Bitcoin transactions are validated digitally on the Bitcoin network and added to the blockchain ledger.

It is worth mentioning that BTC nodes validate tx's to ensure that they are valid and that they comply with the network's rules, while BTC miners pick these tx's, put them in a block, mines it and adds that block to the blockchain.

earning miners Bitcoin as a reward.

Miners also earn tx fees, the tx fees attached to all the tx's in a block is earned by the miner or mining pool that finds that block.

[Litzki1990]

Bitcoin mining means artificially generating bitcoins with the help of various devices. Generating bitcoins or mining bitcoins usually requires some important equipment. A miner tries to mine Bitcoin by combining some essential devices and a good amount of electrical supply. But Bitcoin mining is as easy as the term Bitcoin mining is. There are many organizations who started Bitcoin mining but stopped Bitcoin mining because they could not afford the high cost. Since Bitcoin mining requires extra electricity, the miner needs to ensure a location where electricity is readily available. If electricity is readily available then it is possible to profit from Bitcoin mining.

[MVL~$]

Mining is a way of obtaining coins by using computers to solve the Bitcoin transaction algorithm or mathematical calculations performed by the miners. It may not be right here to discuss mining in detail or it is a matter where it would not be right to say anything by one's own estimation. If you want to know more about mining then you can google it. There are certainly many signatures that you can learn more about. If you make a mistake, you will look at forgiveness.

[Z-tight]

Bitcoin mining means artificially generating bitcoins with the help of various devices. Generating bitcoins or mining bitcoins usually requires some important equipment.

Miners confirm BTC tx's and earn BTC's as block rewards, saying they 'artificially generate BTC's' is not totally true or well explanatory. Miners also buy gears, Asics, in order to have good computational power and have a chance of finding a block, they also cover electricity and maintenance cost.

Take note that solo mining may not be profitable, depending on your computational power, so in that case the miner has to join a mining pool and contribute their hashrate to the pool.

[Sevi]

For me miming is an process which is generated bitcoins by using computersto solve the bitcoin transaction