| Name | Overview |
|---|---|
| #1 Bitcoin Mining Game with Real Economy | |
| Best Bitcoin Mining App | |
| 25 Cryptocurrencies Supported | |
| Earn 88 Cryptocurrencies at the Same Time |
What is mining?
Mining is the process of verifying cryptocurrency transactions and adding them to the blockchain.
Miners solve complex mathematical problems to confirm the legitimacy of transactions and generate new blocks.
Why do you get rewards?
Mining rewards are compensation for miners' contributions to network security and transaction verification.
Correctly linking blocks requires computational power (known as hash power), which miners provide with their equipment, earning cryptocurrency in return.
Is it safe?
Mining is inherently a safe process. For an attacker to tamper with transactions or perform double-spending, they would need to control over 51% of the decentralized network's computational power, which is extremely difficult.
However, it’s important to choose reliable software and platforms and to be mindful of electricity costs and equipment maintenance.
How much can you earn?
Earnings depend on factors such as cryptocurrency prices, mining difficulty, hash rate, and electricity costs. Currently, investing in expensive specialized equipment (ASIC: Application Specific Integrated Circuit) is the norm, making it difficult for individuals to profit with home PCs.
On the other hand, large-scale mining farms run by specialized companies use efficient equipment and low-cost electricity to maximize profits. Typically, miners team up with these farms to share rewards without needing to own or manage the hardware themselves.