What Is Cryptomining?
On January 3, 2009, the first Bitcoin mining operation went underway, and a 50 BTC reward was sent to address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa. Although unconfirmed, it most likely went to the mysterious Satoshi Nakamoto, the inventor of Bitcoin. While no official transactions were recorded in the genesis block, the embedded text, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” was a nod to the financial crisis of the time, and a major motivator behind the decentralized currency’s inception. Fast forward to May 2021, and those 50 bitcoins would collect you a c...
Source: techspot.com