If you are wondering whether bitcoin mining is legal, the answer is yes in most cases .
Read moreWhich cryptocurrency is easy to mine?
Answer: Monero is the easiest cryptocurrency to mine now because it can be mined via browser extensions and free software over websites. It is even mined via crypto jacking. The mining code can also easily be incorporated into apps and websites to facilitate mining.4 gün önce
Read moreIs coin mining still profitable?
Bitcoin mining can still make sense and be profitable for some individuals . Equipment is more easily obtained, although competitive ASICs cost anywhere from a few hundred dollars up to about $10,000. In an effort to stay competitive, some machines have adapted.
Read moreHow easy is it to mine altcoins?
For those looking to mine new altcoins, you should know that it’s significantly easier than mining Bitcoin . This is because the current network hash rate for mining Bitcoin is exceedingly higher than many altcoins. With a lower network hash rate, the mining process tends to be quicker.
Read moreHow much does a Bitcoin mining computer cost?
You’ll need a powerful computer that uses an enormous amount of electricity in order to successfully mine Bitcoin. It’s not uncommon for the hardware costs to run around $10,000 or more .
Read moreIs it profitable to mine Bitcoin on PC?
Unless you were one of the very first people to mine Bitcoin, CPU mining has never been profitable . There was a time where one could profitably mine Bitcoin with GPUs, but again… today, you really must have an ASIC and a deal with a power company to make any money mining Bitcoin in 2020.
Read moreHow long does it take to mine 1 Bitcoin on a laptop?
In general, it takes about 10 minutes to mine one bitcoin. However, this assumes an ideal hardware and software setup which few users can afford. A more reasonable estimate for most users who have large setups is 30 days to mine a single bitcoin.
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