Crypto Mining: Profitability and Sustainability Considerations

Thu, 09 Mar 2023 11:42:19 +0000

Cryptocurrency mining has been a popular activity since the inception of Bitcoin in 2009. It involves the use of computing power to solve complex mathematical equations that verify transactions and add them to the blockchain. In return, miners are rewarded with newly minted cryptocurrency. However, as the popularity of cryptocurrency mining has grown, so too have concerns about its impact on profitability and sustainability.