Steemit Crypto Academy Contest Season 9 Week 5 - "Cryptocurrency Mining"

Hallo steemians all...
Still with the Steemit Season 9 week 5 Engagement Challenge on the last day with this post from the SteemitCryptoAcademy community in week 5 and this is the first time I have participated in this amazing contest, and God willing, I will start again next time if the SteemitCryptoAcademy community is selected for the season Next, just like any other community, there are a number of questions that must be made, including:

In contests, of course, we expect to get more support and sponsorship from important people so that contests that are posted get more coins by considering the background of the contest that is written, namely whether the contest that we write is worthy of voting or not with not much plagiarism from writing We.

Cryptocurrency mining is a process of mining new crypto assets. We can access the mining process using the internet network or we can use a computer specifically for crypto mining

The way it works is certainly not an easy thing to do, it requires certain knowledge and expertise because it is a difficult activity, namely using a computer that uses sophisticated hardware. Hardware ( hardware) for the mining must be able to solve computational math puzzles.

Yes, because the STEEM token has mined tokens called "ninja mining" which aims to develop and to trust the company not to abuse these funds

Types of mining methods for cryptocurrencies: Cloud Mining is a method by only paying someone to mine, which usually companies rent mining machines, this is the easiest way to use.

CPU mining is a way of mining cryptocurrency using a processor, this method is also one of the easiest ways because you can also use a computer or PC.

GPU mining (Graphic processing unit) is the most popular method today, the reason is that this type of mining is more efficient and cheaper.

ASIC ( application specific integrated cicuits ) mining is a special device designed for crypto money mining which can generate a lot of crypto money but this method also has drawbacks i.e. it is easy to rob.

Currently I have never been involved in cryptocurrency mining, because I have a tool that allows for the mining process, as we all know that if you want to carry out the digital currency mining process, you must have a device specifically designed for mining, and also have laptop or computer specifically designed to produce the mine.

One of the benefits of cryptocurrency mining is fast transfers with huge investment profits and the speed and price of cryptocurrencies are also very promising

The challenge for cryptocurrency mining is the huge use of electricity and the many restrictions and regulations for mining. Furthermore, access to hardware is not easy because it requires the fastest and most sophisticated technology to remain fast, efficient and profitable.
Access to capital is of course enormous and requires the most efficient investment and supply to keep costs low.

so for my contest post this time thank you for everything, in this case I invite my friends @ikwan ,@hotspotitaly ,@waterjoe and @irawandedy to participate here, thanks for everything.