Bitcoin mining lessons 5,the crypto currency

hello everyone this is @money matters This chapter is all about mining. As already discussed, Bitcoin relies on miners—they validate every transaction, build and store all the blocks, and reach consensus on which blocks to include in the block chain. We also have already seen that miners earn rewards for doing this. But many interesting questions remain unanswered. Who are the miners? How did they get into this? How do they operate? What’s the business model for miners? What impact do they have on the environment? In this chapter, we answer all these questions. 5.1. THE TASK OF BITCOIN MINERS Do you want to get into Bitcoin mining? If you do, we’re not going to completely discourage you, but beware that Bitcoin mining bears many similarities to gold rushes. Historical gold