Mining
MarketsDefinition
The proof-of-work process of validating transactions and minting new coins by solving cryptographic puzzles. Bitcoin's consensus mechanism. Highly energy-intensive — global Bitcoin mining consumes ~0.5% of world electricity.
Profitability depends on coin price, hash rate, electricity cost, and ASIC efficiency. Halving every ~4 years cuts the block subsidy in half — historically followed by parabolic price rallies as the supply shock works through.
Profitability depends on coin price, hash rate, electricity cost, and ASIC efficiency. Halving every ~4 years cuts the block subsidy in half — historically followed by parabolic price rallies as the supply shock works through.