Clean Energy Crypto-Mining?steemCreated with Sketch.

in #cryptocurrency7 years ago

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From the very beginning, Crypto-Mining is essential for keeping the blockchain’s cogs turning and secure. And as most people are exposed to Cryptocurrencies and how it works, the first thing they usually find out about Cryptocurrencies is Crypto-Mining.

People will venture forth and will realize how Crypto-Mining is like setting up your own mining rig or even going as far as to purchase ASICs (for the richer individuals), to start mining. Basically, what drew me as an individual to Cryptocurrencies was the simplicity of being able to mine for digital assets.

That was back in 2013, times were great and with a simple mining rig you could get quite a good ROI. Nowadays, due to higher number of people mining and China coming in with huge mining farms and just pushing the difficulty way higher, Crypto-Mining is now only highly profitable when done on a large scale basis.

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