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RE: About Cryptocurrency Mining and How it Works

in Project HOPE2 years ago

The fact that cryptocurrency mining is really expensive and it is requires highly sophisticated instruments to carry out is the reason why we have not too many people mining, although, I guess it will be good news for the miners who have the ability to make more money with less miner’s instead of having lot’s of miners with lesser income.

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Yea... The mining rigs and the high computational power requirements makes it difficult for more people to become miners