Update #70: Writing Expedition ✍️ | Wednesdays: Crypto/technology

Hi Steemians,
It's another day of the week and I'm delighted to participate in this contest today organized by @steemkidss which talks about Update #70: Writing Expedition ✍️ | Wednesdays: Crypto/technology. I will be making my entry below so read through it and drop your valuable comment as it will be appreciated.

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Every Wednesday the writing expedition contest always focus on technology or cryptocurrency and I always love talking about the cryptocurrency assets. So int today's discussion we are still going to be looking at cryptocurrency but in a different overview.

I want to share with you a brief tutorial on how one can make money out of nothing in the crypto currency space. I'm not old in the business yet but I always sort out for knowledge to understand how the system works on daily basis.

Now let's look at two terminologies which are mining and aidrop. Now in the cryptocurrency space the major two ways to get an asset for free is through mining or through an airdrop. These two things works almost thesame way but their is a little difference between them.

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Mining has to do with the recording and validating of a transaction so that it can be added to the block and this always involve complex mathematical solving trying to get the answer that suits a particular case scenario.

In mining when you are able to successfully validate a block or transaction, you will be given some rewards for your work done. Mining has to do with PoW or PoS but the major aim is to reward validators of the blocks created in the blockchain.

Aidrop on the other hand has to do with the distribution of free coins or assets to users and this asset can be sent to your provided wallet. It is a free token which you will use as a person to convert to normal fiat or money in your local currency.

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Today both the mining and aidrop has been the major things that most of our youths focused on as it helps in no small way to enable people get something tangible for themselves.

Some examples of the airdrop and Mining currently going on are the app mining such as the cPen, Celia, Marine protocol and many others. For the case of telegram Mining we have the Hamster Kombat mining, Tapswap, Memefi and many others. Through this mining, sometimes we get some aidrops.

A good example is when you are mining a particular coin and you are asked to connect your wallet for a distribution of a given asset it means you have earn some token as a result of mining other assets. So this are the major ways one can earn free money using crypto mining.

Here I will want to invite a few friends to also join the contest and share their entries as well. I invite @john247, @ruthjoe, and @bonaventure24 to also share their participation in this week's writing expedition contest.