Monero (XMR) Price EXPLODES! Bitcoin Hack Connection

Monero (XMR) Price EXPLODES! Bitcoin Hack Connection

Crypto mining is a power-intensive process that rewards participants with bitcoin based on their success in solving extremely complex puzzles. It also helps verify and secure Bitcoin transactions and the blockchain.

It’s a high-risk activity that requires significant capital and can take a long time to break even, especially as hardware becomes obsolete. However, operational efficiency, access to cheaper energy, and mining pools can help maximize profitability.

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