A mining rig is a specialized computer system designed to mine cryptocurrencies like Bitcoin. It consists of powerful hardware, typically GPUs (Graphics Processing Units) or ASICs (Application-Specific Integrated Circuits), that solve complex mathematical problems to validate transactions on the blockchain.
When a mining rig successfully solves a problem, it adds a new block to the blockchain and earns crypto rewards. Mining rigs require significant electricity, cooling, and maintenance to operate efficiently. While ASICs are faster for Bitcoin mining, GPU rigs offer flexibility for other coins.
In short, a mining rig secures the network, processes transactions, and generates cryptocurrency for miners. Would love to hear others’ experiences with different setups!