This is definitely not a mine you go into with pickaxes and shovels, but it is virtual currency mining and is also considered the most basic type of all cryptocurrencies, as it is the most widely used and well known. asic mined using special equipment called miners or btc miners.
Bitcoin mining itself relies on quality equipment. The amount that can be mined depends on how much equipment is available. The better, better quality, more powerful the equipment, the more efficient and higher the mining. The word mining translates into English as bitcoin mining. It is a very efficient process, but it can be very simple if you have the special equipment needed for mining. Still, all you need is some basic information. The rest can really be done by anyone.
It is important to note here that mining involves the confirmation of transactions. Depending on how many transactions the device confirms, you get the currency.
In the past, very powerful computers were sufficient to do the actual mining, but today it is quite different. Today, you need special, state-of-the-art equipment designed specifically for mining. If you want to buy such equipment, choose from the major manufacturers who sell equipment that has been modified and equipped with special asic chips that guarantee not only fast but also efficient mining.
Pool mining is also worthwhile. What exactly is a pool? It is a center where a lot of equipment dedicated to mining is located. If you join a pool, you are more likely to get the currency because you can see more transactions in bulk and thus get the currency. Therefore, it is better. The results and revenues are budgeted according to who contributed how much to the mining. You can think about who verified how many transactions, which devices did how well, and so on. This gives you accurate results and a higher chance of getting bitcoins. So it\’s very useful.