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I heard a lot about miners, who are they and how they mine? I want some basic knowledge.
Quote from: Chriscryp on November 08, 2021, 01:16:54 PMI heard a lot about miners, who are they and how they mine? I want some basic knowledge.Miners are the people who do mining. Most of them will need mining equipments which are not cheap and they need electric powers based on thier needs. They do mining Bitcoin and other available altcoins. But, there are also many mining applications to mine but commonly not as high as mining by CPU or vga. More complete, search on Google
what happens when someone mines? Is there the increase in the overall volume or what?
Bitcoin mining is the process by which new bitcoins are entered into circulation
If you pay your electricity bill in full and don't violate the regulations of the country you live in: this is legal.On the contrary, if you are in China, all mining-related acts will be considered illegal and will be dealt with.Choose where you work to be safe with crypto mining.
I have never done mining, so I have no idea about the mining site. However, you can search on Google, you can do a lot of research to get a good mining site. However, many have benefited from mining. But mining requires a lot of equipment, and electricity. But you can do mining.
Dear friend you are right but i gave you a suggestion that never search on google about the mining sites. The google will just gave you a list of mining sites but you cannot compare that which site is real or which site is fake.