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Unless you’ve been living under a digital rock, you’ve probably heard of cryptocurrencies possible. You might even have dabbled a little yourself and come across the practice of ‘mining’ for these currencies. Here we take a look at what crypto mining is, how it works, and even how you can get in on the action. Crypto, like its more commonly used cousin ‘cryptic’ (as in those particularly tricky crossword puzzles) refers to something that is written in code. During World War II, cryptography involved the use of ciphers and tools like the famous Enigma machine The arrival of blockchain technology – in which a single docu*ent or ledger containing every single transaction is reproduced over a whole network of computers – meant that encrypted information could now be used to stand as currency. (Blockchain technology Instead of a bank or other body keeping track of who holds x amount of money at a given time, everyone on the blockchain could do so for themselves with that shared ledger. And because cryptocurrency works off of a digital signature rather than tracing back to an individual, this meant payments could now be made and received completely anonymously, and across country borders, with ease. But where do Bitcoin, Litecoin, Ethereum, Ripple and other cryptocurrencies actually come from? How is their value created in the WHAT IS CRYPTO MINING? Essentially, cryptocurrencies are ‘mined’ by solving complex mathematical problems. Find the answer to complete the ‘block’ or help to verify transactions on the blockchain and add those transactions to the public ledger, and you may be rewarded with a certain number of newly-created coins in return. As with a real-world gold rush, you might get results through time and persistence, or just happen to strike it lucky. With an established cryptocurrency like Bitcoin, which has a finite number of available coins, those problems have now become so difficult to solve that you need a huge amount of computing power to mine them. As a result, most mining is now done by vast dedicated servers, in