Article • May 24, 2023
The Future of Bitcoin Mining: Trends and Opportunities
Summary
- The hash rate in Bitcoin mining has consistently risen, leading to increased competition and improved network security.
- Miners are shifting towards renewable energy sources to reduce costs and environmental impact, with access to priority services and rewards.
- ASICs have overtaken traditional CPUs and GPUs in Bitcoin mining due to their efficiency and high hash rates, making them essential for miners.
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