#BitcoinHashRateSurge

Mining, also known as extraction, is the activity of creating new structures to ensure the functioning of cryptocurrency platforms. For creating another structural unit, a reward is usually provided through new units of cryptocurrency and/or commission fees.

In the blockchain, miners verify the authenticity of transactions and calculate new blocks. When a block is created, new cryptocurrency is generated, which is awarded to the miner as a reward. The process of extracting a new block is called mining.

Was it worth mining? Of course, YES!!!

Cryptocurrency mining can be profitable, but there are factors that miners need to consider, including the cost of electricity, mining difficulty, and market conditions. All of this can significantly impact profitability. Electricity expenses play a crucial role, as mining consumes a significant amount of power.