Is Bitcoin Mining Profitable or Worth it in 2022? The short answer is yes . The long answer… it’s complicated. Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms.
Read moreCan you mine crypto at home?
You don’t need an expensive ASIC or even the latest high-end GPU to mine these cryptocurrencies at home . Cryptocurrency mining is incredibly expensive. It requires you to spend thousands in buying expensive GPUs (or ASICs), arranging them together, and spending more to buy power supplies and other computer components.
Read moreWhat equipment is needed to mine cryptocurrency?
You need either a graphics processing unit (GPU) or an application-specific integrated circuit (ASIC) in order to set up a mining rig.
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