Cryptocurrency: Is The Mining Mania Still Profitable in 2022?

Cryptocurrency mining might be the new age equivalent of being a gold miner, but a crypto mine looks much different than a gold mine.

There is a whole emerging industry dedicated to mining cryptocurrency.  Why is that? What is it? How do you mine?

How do you Mine Cryptocurrency?

Cryptocurrency is mined by having a computer process complex computations to verify transactions.

What is a Crypto Currency Rig?

A cryptocurrency rig is simply a computer that has been set up for mining. There are two common types of crypto mining rigs.

How Much Can you Make Mining Cryptocurrency?

The payout of cryptocurrency mining depends a lot on the power of your mining rig. The current reward is 6.25 BTC per block. Therefore, the present value for a block is approximately $200,000.

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