Crypto mining is a process blockchain networks, like Bitcoin and other cryptocurrencies, use to finalize transactions. It's called mining because this process also releases new coins into circulation. Put simply, crypto mining is really just guesswork with a monetary incentive—aka proof of work
Proof of Work consensus is the mechanism of choice for the majority of cryptocurrencies currently in circulation.
PoS mining, also called staking, is an alternative to mining cryptocurrency without using a large amount of high-power and expensive equipment.
PEM is a new technology that migrate energy from NFT'S to mining tools for generating or mining new coins
GALAXIUM COIN is a minable coin it works on PEM technology. It need community for migrate energy from one form to another and those who help and support in this migration of energy will be rewarded by Galaxium coin through mining
Most people think of crypto mining simply as a way of creating new coins.
Cryptocurrency mining is a complex process that requires sophisticated technical skills. But how exactly does it work? Here are the basic steps for using mining to process a pool of cryptocurrency transactions:
Let’s explore the depths of this proverbial mine to help you decide whether to delve deep into the digital trenches as a crypto investor or remain safely above ground.