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How I Earn $11,000 a Month Doing Nothing (Crypto)Becoming familiar with the mining process is a key factor when you're starting out. � You'll need a cryptocurrency wallet, mining software, and mining hardware. The fast-paced evolution of cryptocurrencies has presented crypto mining as a great avenue for generating passive income. Bitcoin mining is the process of creating valid blocks that add transaction records to Bitcoin's (BTC) public ledger, which is called a blockchain.