What Is Crypto Mining?

Crypto mining is the process of using computational power to validate transactions and add them to a blockchain. It's also how new coins are released into circulation.
Crypto mining is a process blockchain networks, like Bitcoin and other cryptocurrencies, use to finalize transactions. It's called mining because this process also releases new coins into circulation. Put simply, crypto mining is really just guesswork with a monetary incentive—aka proof of work.
Cryptocurrency mining uses specialized computing resources to add blocks to a proof-of-work (PoW) blockchain. Adding a new block to a blockchain validates and records the latest batch of transactions and simultaneously mints new digital tokens. Learn more about blockchain technology.

How it works

• Miners use ASICs or GPUs to solve complex mathematical problems.
• This process is called Proof-of-Work.
• Miners receive rewards for their work.