• With the help of mining, you can earn cryptocurrency without investing money in it.

  • Bitcoin miners receive bitcoin as a reward for completing “blocks” of verified transactions that are added to the blockchain.
  • The mining reward is paid to the miner who first finds a solution to a complex hashing puzzle, and the probability that a participant finds a solution depends on the share of the total mining power in the network.
  • You need either a graphics processing unit (GPU) or an application specific integrated circuit (ASIC) to set up a mining rig.