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 Bitcoin mining is the process by which new bitcoins are entered 

into circulation; it is also the way that new transactions are 

confirmed by the network and a critical component of the maintenance 

and development of the blockchain ledger. "Mining" is 

performed using sophisticated hardware that solves an extremely 

complex computational math problem. The first computer to find the 

solution to the problem is awarded the next block of bitcoins and the 

process begins again.

    Cryptocurrency mining is painstaking, costly, and only 

sporadically rewarding. Nonetheless, mining has a magnetic appeal for 

many investors interested in cryptocurrency because of the fact that 

[url=https://www.aozhiminer.com/asic-miner/]Asic Miner[/url]s are 

rewarded for their work with crypto tokens. This may be because 

entrepreneurial types see mining as pennies from heaven, like 

California gold prospectors in 1849. And if you are technologically 

inclined, why not do it?

    However, before you invest the time and equipment, read this 

explainer to see whether mining is really for you.

[b]A New Gold Rush[/b]

The primary draw for many mining is the prospect of being rewarded 

with Bitcoin. That said, you certainly don't have to be an 

[url=https://www.aozhiminer.com/asic-miner/antminer/]Antminer[/url] 

to own cryptocurrency tokens. You can also buy cryptocurrencies using 

fiat currency; you can trade it on an exchange like Bitstamp using 

another crypto (as an example, using Ethereum or NEO to buy Bitcoin); 

you even can earn it by shopping, publishing blog posts on platforms 

that pay users in cryptocurrency, or even set up interest-earning 

crypto accounts.

An example of a crypto blog platform is Steemit, which is kind of 

like Medium except that users can reward bloggers by paying them in a 

proprietary cryptocurrency called STEEM. STEEM can then be traded 

elsewhere for Bitcoin.