Have you ever asked yourself where Bitcoin and other cryptocurrencies originate? Unlike fiat currency in the form of print, there isn’t a secret vault full of coins. Cryptocurrencies, however, are formed via the process of crypto mining, and guess what? Every day, individuals like you and I can participate.
The word “mining” can be quite technical-sounding; yet, essentially, it is a process of enabling the crypto network in return for incentives. Something that started as a pastime for some computer geeks has now become a worldwide phenomenon.
Others work alone from home with a single machine, and some maintain bigger mining operations in warehouses. No matter the size, the thrill is the same: breaking puzzles, getting paid in cryptocurrency, and being part of a movement that can reshape money’s future.
In this article, we will explain everything in straightforward terms—no technical jargon, no confusion—just the real story of crypto mining: what it is, how it works, and why it’s capturing the world’s attention.
What Is Crypto Mining?
Crypto mining is the activity wherein computers collaborate to confirm and record transactions on a blockchain, a shared digital database. Miners employ highly computationally-intensive machines to solve complicated mathematical problems. It is similar to race; when a user solves the problem, they get the right to add a new block of transactions to the blockchain and are rewarded with newly minted cryptocurrency.
This process, called “Proof‑of‑Work,” guarantees that it is impossible to falsify by regenerating the transaction record because it would take a huge amount of computing power.
When Did Crypto Mining Start?
Cryptocurrency was born with Bitcoin when Satoshi Nakamoto brought the idea of “digital money” to earth on October 31, 2008. Rather than relying on a central power, this new currency is based on a network shared by the people, where regular individuals can help maintain it and earn rewards for their contributions. That is how the idea of mining was formulated.
A couple of months afterward, on January 3, 2009, Satoshi mined the Genesis block, the first Bitcoin block. It had a reward of 50 bitcoins. Bitcoin wasn’t worth anything at that time, but it was the starting point of something enormous.
In the beginning, mining was ridiculously easy. You could do it on your average laptop or desktop computer at home. But when more individuals entered the network and Bitcoin became more popular, things became more difficult. Individuals required quicker computers, then graphics cards (GPUs), then super powerful machines specifically designed to mine, known as ASICs.
Also Read: 7 Bitcoin Mining Software for 2025
Top Crypto Mining Applications Can Try
So now you learned about crypto mining, and if you want to start crypto mining all you don’t have to worry about tech stress. There are some handy crypto mining applications out there that can help. There are some tools for beginners that can work with just a few clicks.
NiceHash
NiceHash is a popular and user-friendly cryptocurrency mining application that allows users to earn Bitcoin by renting out their computer’s processing power. This mining application connects individuals with extra computing resources to those who want to purchase that power for crypto mining. Nice was launched by two Slovenian university students, Matjaž Škorjanc and Marko Kobal, in 2014.
How does NicheHash work?
NicheHash serves as an intermediary between sellers and buyers of hashing power. Buyers who want to mine cryptocurrencies but do not have the necessary computing power can come to the application and pay users who do.
Sellers run the NiceHash software and rent out their computer’s processing power. In return, you receive payment in Bitcoin, even if you are assisting in mining other cryptocurrencies in the background.
Binance Pool
One of the most popular crypto exchanges, Binance, launched its mining application called Binance Pool in April 2020. Binance Pool application allows people to join forces and mine cryptocurrency together, sharing both the effort and the rewards. Binance Pool makes crypto mining easy and rewarding.
How does Binance Pool Work?
Joining the Binance mining pool is simple. You just connect your mining device—such as an ASIC machine or GPU rig—to Binance’s system. Your computing power is then pooled with thousands of other miners across the globe.
This collective power is used to mine blocks on various blockchains. In return, you earn crypto rewards based on your contribution. You can mine coins like BTC and LTC, enjoy low fees, and get paid through different payout options. Don’t have hardware? Use Binance Cloud Mining.
Kryptex Mining Application
Kryptex is a simple crypto-mining app that was launched in 2014. Kryptex mining application is suitable for beginners and experienced users, and it will let them earn rewards by using the computer’s processing power. Users just need an easy setup and automatic coin selection to maximize earnings.
How does Kryptex work?
To join the Kryptex, you have to download and install the app on a Windows or Linux PC. After that, it will run on your PC and it will test your hardware. The application will automatically start mining the most profitable coins.
Your earnings are converted to Bitcoin and sent to your account. With this application, you can track everything—performance, income, and settings—from the app or mobile dashboard.
MinerGate
MinerGate Mobile Miner is a free Android app launched in 2018 that lets users mine cryptocurrencies directly from their phone. MinerGate is for the crypto enthusiast and the user who wants to earn a little crypto.
MinerGate supports popular altcoins like Monero and Bytecoin, and even connects to the Changelly exchange so you can convert your mined coins to Bitcoin, Ethereum, and more. The app lets you track mining stats and earnings in real time.
How does MinerGate work?
To get started with MinerGate Mobile Miner, simply download the app from the Google Play Store and install it on your device. Once installed, sign in to your existing MinerGate account or create a new one. Choose a cryptocurrency to mine—like Monero—and the app will automatically use your phone’s processing power to begin crypto mining.
StormGain
StormGain, launched in 2019, is another application that is designed for both beginner and experienced users. StormGain application is not only focused on basic spot trading, but it also offers everything from perpetual contracts and tokenized indices to Bitcoin cloud mining and simple crypto swaps. The design combines both centralized and decentralized tools, making it ideal for new users exploring crypto. It’s available in over 230+ countries, though it’s not yet supported in the United States.
StormGain is an all-in-one crypto app that lets you mine Bitcoin via the cloud, trade with leverage, or simply swap coins. This all can happen without needing complex hardware or deep technical know-how.
How Does StormGain Work?
This application works in two ways. First, you can sign in with your email to trade crypto on their easy-to-use application and earn through cloud mining. On the other hand, you can skip the signing and connect your wallet like MetaMark to trade directly with up to 500 leverage using their decentralized exchange.
PEGA Pool
PEGA Pool, launched in early 2023, is a UK-based Bitcoin mining pool that puts the environment first. The PEGA Pool application is game-changing in the game of crypto mining. PEGA Pool rewards miners who use renewable energy and even offsets carbon emissions for those who don’t. PEGA Pool is designed for miners who want competitive earnings and lower fees. It will be win-win for both users and the planet. They’ve already planted over 100,000 trees!
How Does PEGA Pool Work?
To start mining with PEGA Pool, you’ll need an ASIC miner. Simply sign up, connect your device to the PEGA Pool, and start mining Bitcoin. If you use renewable energy, you’ll get discounted pool fees—just 1%.
Even if you don’t, PEGA Pool uses part of your fees to plant trees and offset your carbon footprint. Early adopters and BETA testers enjoy even lower fees (as low as 0.5%) and can mine completely fee-free during the BETA period.
Hive OS
Hive OS was officially launched in 2017 by Hiveon, a company focused on providing tools and infrastructure for crypto miners. Hive OS mining application used by hobbyists and professional miners alike to streamline everything from performance tracking to remote troubleshooting.
It quickly gained popularity for offering a centralized application that simplifies the management of both GPU and ASIC mining rigs. Hive OS gives full visibility and control over machines. No more guessing temperatures, uptime, or hash rates—it’s all there on one clean dashboard. Think of it as your mining control room—accessible from anywhere.
How Does Hive OS Work?
To get started, you download the Hive OS image and flash it onto a drive (USB or SSD). Plug it into your mining rig, boot it up, and register the rig on your Hive OS account. From there, you can set up wallets, mining pools, and overclock settings—all from your dashboard.
Hive OS lets you manage multiple rigs remotely, reboot stuck machines, monitor temps, power usage, and even get alerts if something goes wrong. It’s free for up to one rig, and if you need more, you can scale up easily with a paid plan. Simple, smart, and built for miners.
Hashing24
Launched in 2012, Hashing24 is one of the earliest applications to offer cloud-based Bitcoin mining. It simplifies the process of mining BTC by removing the need for users to own or maintain physical hardware. Instead of buying expensive mining rigs, users can rent mining power (called “hashrate”) directly from Hashing24.
The company handles all the technical aspects—such as electricity, cooling, and maintenance—while users receive Bitcoin payouts based on their selected contracts. Think of it as “Bitcoin mining on autopilot.”
How Does Hashing24 Work?
Firstly, you have to sign up for Hashing24. Then choose your preferred mining contract (based on hash power and duration), and pay using BTC, fiat (USD/EUR), or credit card. Once activated, your contract begins mining Bitcoin automatically.
You’ll receive daily BTC payouts, which you can transfer to wallets like Ledger Nano X or Trezor. Plus, you can use their mining calculator to estimate profits or access the trading room to buy and sell contracts anytime.
Also Read: 9 Best Tips To Use AI For Fruitful Crypto Trading Experience
Now let’s make it easier to understand which applications are best for you. Here’s a quick comparison of the top options based on their features, hardware requirements, pros and cons.
Application | Hardware Needed | Pros | Cons |
NiceHash | CPU/GPU/ASIC | Easy to use Get paid in BTC Large user base | Fees can varyMarket-based pricing |
Binance Pool | ASIC/GPU | Trusted brandSupports major coinsCloud mining option | Requires Binance KYCLimited coin selection |
Kryptex | Windows PC (CPU/GPU) | Simple setupAuto coin switchingBTC payouts | Only supports WindowsHigher electricity usage |
MinerGate | Android phone or PC | Mobile-friendlyEasy to startBuilt-in exchange | Lower profitabilityLimited coin options |
StormGain | None (Cloud-based) | No hardware neededIncludes tradingHigh accessibility | Not supported in USCloud mining is slow to earn |
PEGA Pool | ASIC only | Eco-friendlyFee discountsCarbon offset model | BTC-onlyASIC required |
Hive OS | ASIC/GPU Rigs | Centralized controlAdvanced toolsRemote management | Requires setupLearning curve for beginners |
Hashing24 | None (Cloud-based) | Passive incomeNo hardware neededLong-standing brand | Fixed contract termsBTC-only mining |
Final Words
Crypto mining has evolved from a niche hobby into a global industry accessible to everyday users. Whether you’re using your laptop, managing a full-scale mining rig, or tapping into cloud mining services, there’s now a solution for almost every level of interest and experience. As the landscape continues to grow, applicationare becoming more user-friendly, eco-conscious, and efficient. The key is to start small, stay informed, and find a setup that matches your goals and comfort level. With the right approach, mining can be more than just profitable—it can also be part of shaping the future of decentralized finance.
Also Read: The 11 Best Crypto Exchanges to Use in 2025