This $9,000 Crypto Investment Went TERRIBLE…

This $9,000 Crypto Investment Went TERRIBLE…

Crypto mining is the backbone of blockchain-based cryptocurrencies like Bitcoin. It is what allows them to function without the need for an intermediary and protects against double spending.

Mining is very energy-intensive, and requires high-end graphics cards that cost a lot. It can also be expensive to power and cool this equipment. The profitability of mining depends on many factors including the block reward, hardware costs, electricity rates and the regulatory environment.

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