Listen! Discussion About Crypto Miners

One way to earn Bitcoins is to become a crypto miner. However, the reality is not that easy.

There are various tools that a person needs to have in order to be able to mine or mine crypto. This time, VCGamers will discuss about crypto miners.

Apart from that, this article will also cover how crypto miners work and the machines used.

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Also Read: 5 Best Crypto Mining Machines in 2022

What Is A Crypto Miner

Crypto Miner Example. Source: Kompas Techno

A crypto miner is a person or group who mines crypto. As Vicigers knows, crypto transactions take place and are validated on the Blockchain.

All crypto transactions are recorded in the blockchain as value and asset owner. Perhaps Vicigers has heard of mining crypto which has GPU networks to form supercomputers.

These mining tools are urgently needed, because the mathematical equations needed to unlock the blockchain are complex.

According to Kompas, an ordinary personal computer or laptop must take millions of years to solve one equation.

So, miners need sophisticated machines or tools with high-end GPUs. This is very necessary in order to more quickly solve one equation and earn crypto.

The miner will get coins in his own name and add new coins into circulation.

Also Read: Get to know Dex Crypto and how it works

How Crypto Miners Work

Through an interview with CNBC, Adhy Surya as a crypto miner said that he earned Rp. 6 million per month if the Bitcoin price is above Rp. 550 million.

Even though it is quite tempting, there is capital that must be owned in order to become a crypto miner.

Adhy has a capital of Rp. 70 million to get mining equipment and finally be able to become a crypto miner.

This large enough capital can provide passive income or passive income as a miner.

In addition to capital to buy mining equipment, Vicigers who wants to become a miner must also have capital for electricity costs because mining equipment requires a lot of electricity.

This happens because the process or way of working crypto mining requires equipment that is constantly on in order to solve equations more quickly.

Adhy has an application specific integrated circuit or ASIC Miner. The tool is a component that records data specifically for mining Bitcoins with a GPU RTX 30 Series and LiteCoins.

Thus the discussion about crypto miners. For gaming top up needs, come on VC Market by VCGamers!