Mining Bitcoin

 Bitcoin mining (Bitcoin Mining) is one way to earn Bitcoin. As mentioned earlier, we can view Bitcoin as a large global cash system that keeps the history of transactions (or 'money movements') from one person to another. When Bitcoin transactions are processed on the Bitcoin network -- meaning Bitcoins are being transferred from one person to another -- one needs to ensure that all transactions are properly recorded and that the cash system is synchronized worldwide.

In the case of Bitcoin, this process is not carried out by individuals or companies, but by thousands of computers around the world that are connected to the internet. These computers are known as miners or 'miners'. In simple terms, they are 'computers that process transactions'.

To do this processing in a secure way, computers need to perform complex calculations that take up a lot of computing effort, so a lot of energy and sophisticated special tools are also required. Someone -- the owner of these computers -- needs to pay for the tools and electricity, so they have to be compensated for all the effort and money they put into supporting this network. They get compensated through newly mined Bitcoins. Newly mined Bitcoins act as rewards and incentives for those who contribute to the system that supports transaction processing.

Another way to understand this is to imagine what would happen if a large bank built the world's largest global transaction processing system: they would spend billions of dollars and then charge users a small transaction fee to cover the cost of building the system.

With Bitcoin mining, the fees for this global system are split across thousands of computers, and they recoup their costs with newly mined Bitcoins. Long story short, this is a democratization of financial infrastructure.The activity of looking for income on the internet has now become an open secret, starting as a youtuber, blogger.trider for those who carry out trading activities, the latest but not new is mining or mining virtual money, or cryptocurrencies. for ordinary people it may be strange to mine virtual money, but this is real, money does not have to be carried here and there, but is virtual money if you need cast money, just take it at an atm, an example of virtual money is a banking application where we only hold the cellphone without holding money but can pay credit card bills, pay or buy electricity tokens, water, buy quotas, pay internet etc. without using cast money, that's an example of virtual money, back to crypto mining mining virtual or crypto money must be with high technology and computers with high specs because inside mining or mining we are not alone but many people, because this virtual money is made limited, for example, Bitcoin is only made 21 million, so limited edition, because of course there are very many mining with large specs and computer server ram which means hardware or hardware miners must be strong and soft were crypto currency, in 2009 where mining started still using computers and n ordinary cpu, but as time goes by where crypto is getting more and more popular and many fans of miners are using more sophisticated computers, namely graphics processing computers (GPUs) or Graphic Processing Units which can solve problems faster and of course who is faster will be the winner of the money crypto.and after a few years the miners complete hardwere and software specifically for crypto miners named ASIC (Application Specific Integrated Circuits). The value of the hast rate or the power of the ASIC and the required power capacity, meaning that the more sophisticated the ASIC the smaller the electrical power required.