Over the past few years, cryptocurrencies have emerged as a highly popular form of payment and investment, particularly for those who do most of their shopping online. In the near future, they will certainly qualify for the status of a full-fledged global payment instrument.

The crypto system will replace the traditional banking system as early as the coming decade. However, the creation of a cryptocurrency isn't as straight forward as simply printing a bank note. Have you ever wondered how Bitcoins or other cryptocurrencies are actually made? Bitcoin and most other cryptocurrencies on the market are generated through a process known as 'mining'.