What to read to understand the topic of cryptocurrencies and mining?

Question

blockchain

How long sometimes I hear some topics around mining and crypto, I want to understand more clearly what it is and what it is eaten with. What is the mining process, what is its value, etc. What to read about it, so as not to feel off topic?

Answer 1

Wikipedia, for example.
short on the fingers:
People run some programs and get some reward for it. Depending on the type of cryptocurrency, this process can bring good income, and not very much, and even work in general at a loss (electricity is not free, after all).
The company "horns and hooves" came up with its own cryptocurrency , and sells its hoof-coins. 1 million hoof-coins for $1. (it's ico ). You can buy yourself a couple of millions, and if they go up to one cent per coin, you get $20,000. Norm. But if you don't appreciate it, you won't get it.
And the company "horns and hooves" does not have its own servers, but they offer everyone to run a "miner" on their computer that serves this cryptocurrency with hoof-coins. ( mining )
Since no one wants to run it for free, they offer payment for the launch of the miner - for example, one hoof-coin per hour.
Someone cunning came up with the idea of ​​​​running 100,500 miners on his computer at once.
The owners of the crypt decided to load the miner with some additional heavy load so that 100,500 pieces could not work on one computer.
Someone cunning came up with the idea of ​​running the same calculations on a video card.
...

Answer 2

for beginners
https://vas3k.ru/blog/blockchain/
https://vas3k.ru/blog/ethereum/
+ anything about Forex
in a grown-up way - only versions, read only the publics of some futurists, but all this is a pitchfork water until