Blockchain 101: Episode 25 – How is mining done

Before the rise of blockchain technology, “miner” usually refers to coal miners. The image of a hardworking man with his body covered in soot comes to mind. After the birth of blockchain, the word “miner” takes on a new meaning those who mine cryptocurrencies.

Different from the traditional miner, cryptocurrency miners have much to offer in the world of technology. Their main responsibilities are to validate and process transactions.

It’s fairly simple to become a miner if you are interested. Purchase a dedicated mining rig. Download a mining software and you can get right to it! You don’t have to physically code as it is all automated and your rig can mine on its own. All you need is to ensure a stable electricity supply and internet connection.