What is internet computer crypto?

Internet Computer (ICP) is a cryptocurrency or digital token that allows users to create apps, websites and other web-based services. The cryptocurrency was created by the Dfinity Foundation, and it’s backed by well-regarded venture capital firms Andreesen Horowitz and Polychain Capital.

Is internet computer (ICP) the 10th largest cryptocurrency by market cap?

This claim, as of writing, is purely conceptual. Founded in October 2017 by Dominic Williams, Internet Computer (ICP) quickly rose to prominence and in the market cap rankings. As of writing, it has a market cap of roughly $14 billion, making it the 10th largest cryptocurrency by market cap.

What is internet computer (ICP)?

If you've been following the crypto markets, you might have noticed a strange new cryptocurrency that has just popped up. The oddly named Internet Computer (ICP) is a new crypto that suddenly just went public. What's more, it already happens to be the eighth largest cryptocurrency in the world with a market cap of over $42.1 billion.

What is crypto mining?

In short, crypto mining is how new units of cryptocurrency —usually called coins—are created. As you can imagine, this type of mining doesn’t involve callused hands gripping pickaxe handles. Instead, it’s computer processors that do all the hard work, chipping away at complex math problems.