The search for the myth of Mining

For some, the stay in the world of cryptocurrencies is a journey that has been in charge of evolving many ways of seeing the financial system. For others, it is only a way to search for a void that has always been and that this digital world offers unique opportunities to regain clarity in our economy.

One of those paths that emerged in the crypto traffic world is that of mining. The long journey of this activity, going from CPUs to GPUs; From these to the ASICs, it has made this field unique and a way to reinforce the decentralization that comes from the fact that bitcoin has its definition today, an indefeasible system and independent of any governmental or institutional entity.

However, mining these days is far from that which was initially the generation of unthinkable profits for ordinary people; But with the last third halving much of the costs associated with this activity make us see a harsh reality, the drowning of profits, for many these are no longer so attractive to the domestic line.

With this, an immense field is opened for private and institutional intervention, which invests in equipment and amounts, playing the deflationary profitability that defines the Bitcoin network. Still, the magic of this network is that it sticks to game theory in full action giving individuals the freedom to choose to withdraw or not.

Although it is true that there are many setbacks, costs, energy, equipment, quantities, but signs of survivors can still be perceived and not necessarily located in the great powers, but in those places where energy and connection are still obtained at low costs, clear examples in Iran and Venezuela just to name a few.

Mining little by little becomes a story that little by little becomes a myth, for individuals like us who do not have those enormous amounts of miners or an inexhaustible source of institutional or quantum energy, but this does not end until that is over, take advantage, look for, there are still spaces to mine, but now that Bitcoin consolidates its price at $ 9000 and has no trace of going down, even if they attack and manipulate it. Mining it is not a myth, it is a reality.