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Crypto Mining

The practice of validating and adding new transactions to a blockchain while safeguarding the network using processing power is known as crypto mining, also known as cryptocurrency mining. When a tough mathematical puzzle is solved, miners use specialized computer hardware to add a new block to the blockchain and reward the first person to do so with freshly created cryptocurrency coins and transaction fees.

Many decentralized cryptocurrencies, including Bitcoin and Ethereum, depend on this method to operate and remain secure.