What is coin mining & how does it work?

Mining is the process of running complex mathematical calculations necessary to maintain the blockchain ledger. This process generates coins but requires significant computing resources. Coin miners aren't inherently malicious. Some individuals and organizations invest in hardware and electric power for legitimate coin mining operations.

What is Trojan coin miners?

They have become global malware that can exploit your computer as it wants. In this article, I will tell you about the particular type of trojan virus – Trojan Coin Miners, also known as “Coin Miner Virus” 1. The first trojan virus that could use the infected machine for cryptocurrency mining appeared in 2016.

What makes a good coin to mine?

It has a blockDAG architecture with fast block rates and allows for successful solo mining at lower hashrates, making it a good coin to mine for those with low-end mining setups. However, mining profitability can be influenced by several factors, including electricity costs and the coin’s current market price.

What is bitcoin mining?

Bitcoin mining is the process by which new bitcoins are entered into circulation. It is also the way the network confirms new transactions and is a critical component of the blockchain ledger's maintenance and development. "Mining" is performed using sophisticated hardware that solves an extremely complex computational math problem.