Is Crypto Bitcoin Mining still Worth it? Daily Deals: #17steemCreated with Sketch.

in #cryptocurrency7 years ago

Crypto and Bitcoin Mining has gone through the roof in the recent days. It is very difficult to mine with GPU's so people resort to the high-powered ASICs to mine cryptos. However, does the cost justify the reward?

I am not a financial/crypto expert so please do your own research before making your decisions. I am not responsible for any actions that you take.

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Someday, it will not be merely ASIC nor GPU; there is some clever person out there that will introduce distributed mining on smartphones/Tesla panels/machines, which will be called an entirely different name and shape than the rectangle we know today.

Yes. There is already different types of mining such as POS and masternodes. We're going into virtual mining and there might be more coming with new and improved ideas.

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