"Bitcoin mining has never been easier since China's crackdown - and now miners are set for bigger profits" - The bitcoin hash rate (or difficulty to mine Bitcoin) has dropped to historical minimums this Saturday. - A few miners said that their profits had jumped 50% thanks to China attack on crypto. Are any of you guys mining? Would you care to share your rigs and daily profits for us to see? What are your thoughts on China regulations? I'm reading! SOURCE: https://www.businessinsider.com.au/bitcoin-mining-has-never-been-easier-since-chinas-crackdown-and-miners-now-stand-to-make-higher-profits #Cryptocurrency
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5 comments
How to mine bitcoin?
In order to mine cryptocurrency you must have a somewhat powerful rig. Because mining means solving powerful and complex algorithms with your computer within a cryptocurrency block. Then for your participation you'll get some cryptocurrency in exchange of validating transactions within that block. Check out hash mining for more info on how you can setup some mining rig. Have a good day!
Ow thats a long process
Yes it's not as easy as you may think! You need to take a few things into account. But it's profitable it seems!
There is also a matter of knowledge to work