CRYPTOCURRENCY MINING Explained. Why MINING BITCOIN is so important? Proof of Work Explained

Cryptocurrency mining is an important feature of the Cryptocurrency ecosystem. Blockchain requires validation and it can happen with the Proof of Work, Proof of Stake, Pure Proof of Stake, Proof of Existence and so on with other Consensus Mechanism. Starting from the Hashing process, that can be found on http://hash.online-convert.com/ a brief explanation about why Cryptocurrency MINING can still be profitable, even if Network Difficulty, Machines prices are growing.

First of a series of videos about Bitcoin Mining.

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