What is Mining Bitcoin, and is it worth getting into.

What is mining for crypto currency? How does it work? I know nothing about this and would really like any information that can be given to me! Thanks everybody!

 

Your phone, computer, any devices connected to the internet can be used for mining. There are just specific tech that does it. I heard its easy to settup but costly. It's also really loud and you probably wouldn't be able to sleep.

 

I dont even understand what it is really though you earn free btc or?

 

You intensively use your devices in order to generate a reward in almost any crypto, although the costs of electricity and your hardware degrading is usually higher than the reward (depending on what you pay for electricity)

 

If I were to mine on a shitty laptop, and phone 24/7 one do you think my daily income from mining would be approx.

 

Like 30 cents lol honestly its not worth it unless you buy decent mining hardware and live in a country where electricity is cheap

 

Meh, Thanks for the help!