Mining means extracting valuable natural resources from the earth. These resources can be minerals, metals, coal, oil, or even cryptocurrency (in the digital world).
1. Traditional (Physical) Mining This involves digging into the earth to extract materials like:
Open-pit mining – Surface mining for shallow resources.
Underground mining – Deep digging through tunnels.
Placer mining – Extracting minerals from riverbeds (like gold).
This is not physical mining. It means using computers to solve complex problems and earn cryptocurrencies like Bitcoin.
Miners get rewards (in crypto coins) for verifying and recording transactions on the blockchain.
Supplies raw materials for industries (steel, electronics, construction).
Drives economic growth and exports.
Creates jobs in mining areas.
Would you like mining explained in Hindi, or do you want a difference between traditional and crypto mining?