· One of the important variables for miners is the price of Bitcoin itself. If, like people, you are paying for your hardware, and your electricity,- in dollars, then you will need to earn enough bitcoin from to cover your ongoing costs
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The answer is the same as always: Your investment in will pay off if 1 the hardwares delivery isnt delayed too much 2 your electricity cost isnt too high 3 the bitcoin price remains favorable 4 the expected difficulty rise doesnt destroy your profitability too quickly
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· 3. Notable Hardware Companies Bitmain Technologies. The well-known hardware manufacturer around, Bitmain was founded in 2013 in China and today has offices in several countries around the world. The company developed the Antminer, a series of ASIC miners dedicated to cryptocurrencies such as Bitcoin, Litecoin, and Dash.. Bitmain is also in charge of
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