many people are talking about mining ,,, I am the first time to get to know mining, and not yet understand what mining is? what is the purpose of mining? and what are the advantages of mining? and how does mining work?
please enlighten ..
Mining is when you exchange you processing power to help the network. Normally GPU's but there are some CPU coins mostly mined with single board computers like odroids what are very profitable. So your GPU power is hash rate and CPU power from my knowledge is primes. So you exchange you computer power to prove that transaction on the network it true there are also other methods called proof of stake or POS.