Bitcoin mining means solving tricky math problems under a method called “proof of work.” This method helps check Bitcoin transactions and brings new bitcoins into the world1. Every four years, the reward for mining gets cut in half. For example, it went from 6.25 BTC to 3.125 BTC in May 2020 and will drop again…
Did you know that competitive ASIC mining equipment prices range a lot? They can start from a few hundred dollars to thousands. Top models, like the Antminer, cost between $1,950 to $6,318. They offer speeds up to 335TH/s1. With rising equipment costs and electricity bills, you might ask if crypto mining is worth it. In…
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