Before you can reach this level of the game, you’ll need to start at the ground floor. In most cases, these facilities are located in remote areas of the world, usually where electricity is the cheapest.īut running 500 ASIC miners at the same time isn’t cheap. Today, mining is a very centralized activity with the majority of BTC being mined by large multi-million-dollar data centers. A complete mining strategy will consider items such as: Mining BTC can still be profitable, but you need to do considerable research to form a mining strategy that works for you. ![]() You’ll need a combination of a reliable mining rig and the best Bitcoin mining software available to stay on top in 2018. While this is exciting news in terms of adoption, it can leave miners battling to find the best Bitcoin mining software to stay profitable. Since the original cryptocurrency hit record-setting highs in the second half of 2017, everyone wants in on the action. As interest in crypto continues to rise, so does the number of new miners entering the mining arena. ![]() Bitcoin mining has become extremely popular over the past few years.
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