Mining
Mining - the process of using the computing power of computer systems to create a chain of transactions of cryptocurrency. In each block, the first transaction in the list is a special transaction. Coins are redirected to the person who
generated the block where this transaction is located. Also, the commission for the creation of the block is transferred to the creator of the block from the transactions that are in the created block. This is a kind of reward for the time and resources spent on block generation. Thus,
Miners simultaneously mine new coins and conduct all cryptocurrency transactions. If the miners stop working, the cryptocurrency will cease to exist.
Every four years the reward is halved, so the total number of coins in circulation is stabilized.
For mining the largest cryptocurrencies resources of an ordinary personal computer today are not enough, and miners use "farms" - powerful computer stations that have superpowers.
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