Mining would you dare? ...

Hello to the community of steemit today, i come to talk a little bit about "Mining", a means of escape for Venezuelans thanks to high inflation, I hope that this post is to your liking, since thanks to the self, I learned many things , as you know I have a computer with the ability to mining and always people have told me to mining, that get you avail to the computer but good for "fear" and not knowing about it is and the complexity of this topic covers.

.What its Mining?

The mining includes many currencies such as the Bitcoin, Etherum and others. When mines a block this depends on cryptocoin you are mining, to take an example serious bitcoin, a block is equivalent to 50 bitcoins, blocks are like mathematical problems that are solved with the "CPU" or the processor processing power. One can start with a specialized team or our computer. All this power of calculation brings it all the people who are mining, if your getting to mining would be providing power of calculation for these mathematical problems give you a reward, in this case would be 50 bitcoins, namely if you solve one block.

Another thing that limits, is that the components that you use for the "mining" gradually will lose life time, because the "GPU" and the "CPU" work at a very high, to solve mathematical problems, while the problems are more difficult, more resources you will need and more time to solve them. You need more powerful components, as the difficulty will increase begins to use the video or "GPU" card processing. With the processing of the "GPU" get solve these calculations more fast and more efficient than the "CPU".

You must keep in mind that you do not you are the only person who is mining, around the world there are many people with computers trying to get this famous coin. Is it easy to mining? Of course it is easy to start to mining, but solving mathematical problems is more complex, since to complete 1 block one person is impossible, as you know the bitcoin round for the $15.000, imagine solving the mathematical problems of a single block getting a reward of 50 bitcoin, is a lot of money, but it is not easy.

Another thing that limits, is that components that you use for the "mining" gradually will losing their time of life, because the "GPU" and the "CPU" work at a very high power, to solve mathematical problems, while the problems are more difficult, more resources will need and more time to solve them.

.How Work The Mining?

Mining works in the following manner, one of the jobs of the miners is confirm transactions and write them on the "ledger" known as "block chain".

Whenever one discovers a block, it is added to the string, creating a list with all the transactions that have been made in the network. An updated copy of the blocks is downloaded to the computer collaborating with computational power to the network.

This "ledger", have to create confidence and this held digitally. When you create a block of transactions, the miners give rise to the following this process, they pick up the information in the block and apply a formula mathematical, turning it into something different. This new "piece of information" is cut and in appearance is a sequence of random letters and numbers called "Hash".

In a computer is very easy to do this, the network of bitcoin its more difficult, since otherwise the world would be creating "hashes" of hundreds of blocks of transactions every second and all bitcoins will be mined in minutes.

Now we come to the point of here in Venezuela, inflation is so great, that many people have wanted to mining from their homes, as well as others who are abroad have produced many farms of mining, which here in this country has been punishable since it is something  illegal.

My personal recommendation having a good equipment for mining, I wouldn't do it because it is lost on my computer components, is forcing the pieces that I have struggled to get hard...