Digital Asset Mining
Digital Asset Mining is the process by which digital assets such as Bitcoin and Ethereum are minted. Miners perform important tasks such as proof-of-work which is essential in making a successful transaction. Miners’ works are remunerated by the new coins that are ‘mined’.
In addition, mining is also effectively a mechanism to spread the cost of production which gives the blockchain its financial values, allowing the blockchain to exist as a financial asset but not just a database.