Downside to crypto mining

downside to crypto mining

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Customer Mining Profit - Make money from Mining #cryptomining #bitcoin
Disadvantages. � Energy usage. Bitcoin mining uses a lot of electricity. Critics point to this as the main flaw of PoW. It's possible that the. High energy consumption. Security vulnerabilities.
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Prospective miners should perform a cost-benefit analysis to understand their break-even price before making fixed-cost equipment purchases. However, they are expensive, meaning that, as mining difficulty increases, they quickly become obsolete. They are intended to provide general information.