Cryptocurrency mining is futile without profitability in today’s era. In the beginning, cryptocurrencies like Bitcoin were easily mined through PC and CPU, but as the market grew, Cryptocurrency mining became more intense. It introduced the need for new categories of mining hardware, at first GPU and then ASIC miners.
Mining became complicated with the increase in the number of cryptocurrency mining enthusiasts, making profitability one of the most crucial factors to be considered by everyone. If you are also a mining enthusiast and want to know about the profitability in detail, this blog is for you. This blog aims to cover all the profitability aspects from scratch, such as what profitability is, its importance, how to calculate it, and the factors affecting it. Let’s get into the blog to understand cryptocurrency mining and profitability better.
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