What is mining and how does it work?

Mining is the process that Bitcoin and several other cryptocurrencies use to generate new coins and verify new transactions . It involves vast, decentralized networks of computers around the world that verify and secure blockchains – the virtual ledgers that document cryptocurrency transactions.

Read more

Is Bitcoin miner a virus?

What kind of malware is BitCoinMiner? BitCoinMiner is a generic name of cryptocurrency-mining viruses . On first glance, the name suggests that these viruses mine only Bitcoin cryptocurrency, however, cyber criminals also attempt to mine other cryptocurrencies, such as Monero, Ethereum, etc.

Read more

Can you mine crypto at home?

You don’t need an expensive ASIC or even the latest high-end GPU to mine these cryptocurrencies at home . Cryptocurrency mining is incredibly expensive. It requires you to spend thousands in buying expensive GPUs (or ASICs), arranging them together, and spending more to buy power supplies and other computer components.

Read more