Using powerful computers to secure a proof-of-work blockchain like Bitcoin and earn newly created coins and fees in return.
Crypto Reviewed by Keshav Aggarwal · Updated
In simple words
Imagine guards who keep a town’s record book safe. For their work, the town pays them with brand-new coins.
Crypto miners are those guards, and their tools are special computers.
The technical side
Bitcoin miners run specialised machines (ASICs) that perform trillions of hashes a second to win blocks under proof of work. Mining is a business of cheap electricity and efficient hardware; most miners join pools to share rewards more evenly. After each halving, miners earn fewer new coins per block.
Some listed mining companies now also rent their power and data centres to AI computing. Follow the news on NewsFeeds: Mining.
Crypto Mining kya hai?
Mining mein special computers Bitcoin network ko safe rakhte hain, aur badle mein naye bitcoin kamate hain. Bijli sabse bada kharcha hai.
Not investment advice. Crypto tokens can lose all their value. Read the risk disclaimer.
Related terms
- Proof of WorkCryptoA way for a blockchain to agree on new blocks where miners compete to solve a hard maths puzzle using computing power. Bitcoin uses it.
- Bitcoin HalvingCryptoThe event, about every four years, when the reward for mining a new Bitcoin block is cut in half, slowing how fast new bitcoin is created.