Cryptocurrency Mining on Blockchain Networks

This report covers the cryptocurrency mining industry.

When someone thinks about “mining”  in a traditional sense, this typically conjures an image of people in hard-hats sifting through rock deposits to extract commodities and precious metals. However, in the world of blockchain and cryptocurrency, mining takes on somewhat of a different meaning: it refers to the process of validating and continuously adding transaction records to a publicly available ledger (i.e., blockchain) native to a specific network, and is the mechanism by which new cryptocurrency is circulated within these networks.

In this report, you’ll get an in-depth look into the fundamentals of mining on blockchain networks, various mining techniques, as well as some established and emerging companies in the mining space.

 

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