Can someone explain how crypto mining companies work these days?

[Jomix]

So much has changed in crypto, especially with mining. I remember when people mined on gaming PCs. Now there are whole companies built around it. What exactly do these crypto mining companies do, and how do they make money in 2025?

[Olas12]

Yeah, mining has evolved fast. It's almost like an industrial process now with specialized hardware and massive energy needs.

[FryerTuck12]

That's right. Today's crypto mining companies operate massive facilities—sometimes in converted warehouses or shipping containers—packed with ASIC miners that run 24/7. They monetize by validating blockchain transactions and earning block rewards and fees. They also optimize power use and often negotiate directly with energy providers. Some firms diversify into hosting services or sell hashpower via contracts. It's no longer just about raw mining—it's about efficiency, logistics, and staying compliant with evolving regulations.