MiningMining is the process through which cryptocurrency transactions are gathered, verified, and recorded into a digital ledger known as the... Read More on blockchainsA blockchain is a distributed database that is shared among the nodes of a computer network. Read More through rented processing power rented from companies that host the physical equipment. These companies typically operate out of countries that are naturally cold (reduce cooling costs) and have cheap power (for more competitive prices). Another common term to describe this is mining contractA mining contract is a type of agreement between two parties, typically implied by the act of mining itself. The... Read More.
