Whether you're mining Bitcoin, Litecoin, DASH, or a variety of other digital currencies, an ASIC miner is the most effective method to mine crypto.īecause of the rapidly increasing profitability of cryptocurrency mining enterprises, the worldwide crypto mining hardware industry is anticipated to expand to more than USD 2.80 billion between 20. The days when anybody could successfully mine cryptocurrency at home on their PCs are long gone. ASICs are the next step in the development of crypto mining after CPUs, GPUs, and FPGAs: they are able to accomplish the same thing in a much more efficient and profitable way. But as it became extremely profitable, it has also become very competitive, and choosing cutting-edge Bitcoin mining hardware is now more important than ever.Īll Bitcoin mining is now done using ASICs - specialised Bitcoin mining hardware housed in thermally-controlled data centres with access to cheap power. In a very short time, this number has increased by almost 10,000%, making cryptocurrency mining one of the most rapidly booming markets in the world.
Just 5 years ago, the average daily revenue of the crypto mining industry circulated at around $1 million.
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