What is crypto mining?

With the cryptocurrency craze in full swing, you can’t avoid hearing about the people mining these digital currencies—and destabilizing the graphics processor market. Here’s what “crypto mining” actually is. What Is Crypto Mining? In short, crypto mining is how new units of cryptocurrency —usually called coins—are created.

What is crypto and how to invest in it?

Here’s the short answer: Cryptocurrency is a form of digital currency that you can use to pay for things online. You can also invest in crypto in a portfolio. It goes by different names, including Bitcoin, Ethereum and yes, Dogecoin.

What is a 'cryptocurrency'?

What is a 'Cryptocurrency'. A defining feature of a cryptocurrency, and arguably its biggest allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

Is crypto regulated by the government?

Specifically: Cryptocurrency isn’t government-regulated. Hard currency, i.e. bills and coins, are issued by the U.S. Mint and are backed and regulated by the government. Crypto, on the other hand, has no central issuer or regulating authority.