Cryptocurrency mining is a group-sourced process of solving complex mathematical problems to verify transactions for a given cryptocurrency network. With Ethereum, for example, miners spend their computing resources and time to solve complex math problems providing a so-called ‘proof of work’ for the network. Besides verifying transactions, miners are responsible for creating new tokens on the network. As more and more miners join in, the problems automatically become more difficult to solve.
Jaxx Liberty & Assets Earned from Mining
Jaxx Liberty does not currently support the sending of assets earned from mining due to its complexity. If you receive mining rewards within any of the assets you track in Jaxx Liberty, you may experience wallet pairing initialization issues or Transaction Failed errors.
This happens if you're actively sending mining or faucet rewards - even weekly or monthly ones. It can happen if you've sent mining or faucet rewards to your Jaxx wallet in the past and have stopped - even if you've only done it once.
On rare occasions, it may happen if you're a heavy user and have deposited a lot of assets from various exchanges.