What Is Bitcoin Mining? A complete guide

Since the scrapping of banking ban on cryptocurrency, crypto mining in India has been a
growing industry.
It is the process of processing transactions and adding them to the blockchain. Verifying a
crypto transaction fetches the miner a transaction fee and a block reward.
A popular consensus algorithm on which many cryptocurrencies work is proof-of-work. It
requires miners to first solve a complex mathematical equation in order to process a

0:00 Intro
0:36 What is Bitcoin mining
2:58 Mining incentives
3:34 Mining difficulty
4:35 How profitable is mining in India
6:50 Mining pools
8:20 Outro

To read about cryptocurrency mining in detail, click on the link below.

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