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RE: The future of crypto mining is changing. It would be an interesting ride for investors. Talking about future bright currency(BITCOIN)
I agree with you 100% that bitcon & cryptos are here to stay and as their value increases ,mining becomes more profitable. The only problem with the mining is the high cost of electricity-which is why most large scale mines are in colder climates in Iceland/Montreal/Kazakhstan or in places with cheaper power like China. Also the price of the mining hardware-graphics cards has gone up drastically;and they are usually out of stock most of the time. So cryptos are here to stay and we are witnessing a great shift of wealth from banks/fiat system to cryptos :)
Rumors of regulatory crackdowns have dealt damaging blows to crypto-markets, but promising new tech is set to change the crypto-ecosystem completely.
The technology of blockchain and Bitcoin is here to stay. But to bring value to investors, it’s going to need tighter rules and more responsible companies with their eyes on the future.
Governments, banks, and investors are all worried. The next step will be figuring out how to establish rules, expectations, and regulations for making the market work smoothly.
Thank you for giving precious feedback @practicaleric