What is cryptocurrency mining — or, as it has otherwise been dubbed, crypto mining? It can be described as a virtual version of gold mining and involves using a computer to perform complicated calculations in the hope of unearthing cryptocurrency.
Who does not love getting freebies? The marketing teams in the crypto space have identified this characteristic of the market and that is why they have come up with a unique idea of cryptocurrency airdrop. This process includes the distribution of cryptographic information for free to the wallets of active members in order to spread awareness about it. This usually happens during the initial coin offering or ICO of a particular coin in the market.
Cryptocurrencies, especially bitcoin, have taken the digital world by storm. Bitcoins funds have been introduced to facilitate the digital transactions of assets with no third parties as intermediaries.