What is Crypto Mining?

What is Crypto Mining?

Before we talk about the apps, it’s important to understand what crypto mining is. In simple terms, crypto mining involves using computing power to solve complex mathematical problems, which validate transactions on a blockchain network.

Miners are rewarded for their efforts in the form of newly minted cryptocurrency tokens.

While mining traditionally requires expensive hardware like ASIC (Application-Specific Integrated Circuit) devices or high-end GPUs (Graphics Processing Units), there are now mobile apps that claim to allow users to mine cryptocurrency from their phones.

These apps are usually geared toward beginners who want to dip their toes into the world of crypto without investing in costly equipment Read More