Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto currency Mining => Topic started by: Crestie C. Tuvilla on May 23, 2018, 01:49:47 AM
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Let's focus on mining 'scrypt' coins, namely Litecoins, Dogecoins, or Feathercoins. The whole focus of mining is to accomplish three things:
Provide bookkeeping services to the coin network. Mining is essentially 24/7 computer accounting called 'verifying transactions'.
Get paid a small reward for your accounting services by receiving fractions of coins every couple of days.
Keep your personal costs down, including electricity and hardware.