Whats with "mining"? How does that work?

Like someone already said it's not worth. In the end you pay more for electricity than you earn in Bitcoins and it depends on your hardware. So you can definitely try it out, but I wouldnt do it a long time

if you have old pc, you can mining NIMIQ coin, but if you want make profit you can buy mining machine or buy cloud mining contract.

02-07-2018, 08:58 AM

Asepia Wrote: I have 0 idea how bit mining works and would love to know

Simply, mining works by solving difficult mathematical data which are known as proof of stake (pos).
When you solve some date which you can do with the help of your computing power you get a small reward.

The reward is actually known as mining.

Essentially it's contributing your computational power (and electricity that it uses) to a given blockchain technology for it's specified purpose. in exchange, you will be rewarded (not always profitable though).

https://cryptominded.com/starters-guide-...urrencies/