Cryptocurrency Mining is used to generate minable cryptocurrencies like Bitcoin, Ethereum, etc. Mining requires immense energy and manpower to solve complex algorithms. People who set up systems to perform mining activity are called miners. Miners are rewarded with some share of the cryptocurrency on successfully mining a block.
Related Links: Cryptocurrency Mining Calculator
Russia to observe ‘Crypto Hour’ between 20:30 to 21:30 on 24th March - the country will be turning off all cryptocurrency mining equipment and has urged miners across the globe to do so!
Plattsburgh, a city in New York, is considering to ban cryptocurrency mining in the region as the residents believe miners are taking undue advantage of the city's cheap power.
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