StableX Academy

Learn crypto the right way.

114 plain-English lessons · 15 modules

Mining

Mining is the process of bundling transactions into a block and solving the Proof of Work puzzle to add it to the chain.

In depth

Miners run specialised hardware (ASICs) that compute trillions of hashes per second. When one finds a valid block it collects the block reward plus all the fees inside. Mining both secures the network and is the only way new bitcoin enter circulation.

A warehouse of mining rigs, an arrow to a new block, and a coin reward flowing back to the miner.

Why it matters

Mining economics — hardware, electricity, reward — drive a large part of Bitcoin’s market behaviour.