[Crypto Q&A] How is Ethereum been mined?

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The miners basically “mine” for new blocks in the blockchain by solving complex cryptographical puzzles using their computational power. As a result of this, they get a mining reward which is 12.5 BTC. Once they successfully mine a block, they gain the power to put in transactions inside the block.

Mining is the process of creating a block of transactions to be added to the Ethereum blockchain. Ethereum, like Bitcoin, currently uses a proof-of-work (PoW) consensus mechanism. Mining is the lifeblood of proof-of-work. Ethereum miners - computers running software - using their time and computation power to process transactions and produce blocks.

Ethereum mining is fundamentally similar to bitcoin mining. Both use proof of work (PoW). PoW is a competitive activity that miners undertake to write transactions to a new block that will be added to the blockchain. A miner successfully mines a new block while competing with fellow miners by running a hashing script.

Ethereumcan mined in 3 different way. (1) POOL MINING (2) MINING ALONE (3) USING CLOUD MINING SERVICES

i thought ethereum are unlimited

use VGA

using VGA or CPU, eth can be mined, miners will payed by blocks

using VGA or CPU, miner will be payed

Simmiliar with bitcoin, use computer