Mining
Mining is the process of adding new transaction records to a block and verifying a block created by other miners. It allows nodes to reach a secure, tamper-resistant consensus. Miners collect transaction fees and are rewarded for their services.
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. Exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material.
Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and final reclamation or restoration of the land after the mine is closed.
Mining operations can create a negative environmental impact, both during the mining activity and after the mine has closed. Hence, most of the world's nations have passed regulations to decrease the impact; however, the outsized role of mining in generating business for often rural, remote or economically depressed communities means that governments may fail to fully enforce such regulations. Work safety has long been a concern as well, and where enforcing modern practices have significantly improved safety in mines. Moreover, unregulated or poorly regulated mining, especially in developing economies, frequently contributes to local human rights violations and resource conflicts.
