THE PROFITABILITY OF CRYPTOMINING By Nikolas Perrault
RETURN ON INVESTMENT With the passage of time, the return on investment of crypto mining gets riskier if you're an independent miner or part of a small organization.
RESEARCH Joining a mining pool is often the safest way to get consistent returns. It's important to do research before joining one due to the existence fraudulent crypto companies that may try to take advantage of unsuspecting miners.
VALUE The profit you make is typically tied to the value of the currency you're mining. For example, bitcoin is popular due to it's supply schedule and fixed currency cap.
TAPPING INTO THE MARKET For some companies, profitability in the crypto industry relies on the products they make which facilitate the mining itself. If they can't tap into the market, they won't make a profit.
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