It’s difficult to avoid cryptocurrencies these days. From a frequent discussion about bitcoin’s price to businesses like PayPal and MasterCard introducing cryptocurrency-related transactions, it appears as if crypto is everywhere. Regardless, many people are still ignorant about how cryptocurrencies are created in the first place. In the case of cryptocurrencies such as bitcoin and ether, the process of production is known as mining. This process requires a computer system to solve a highly complicated mathematical problem. In return, the miner gets a block containing a specified quantity of bitcoin. However, this ... (full story)