Different Types of Crypto Mining - Everything You must know

Crypto Mining was used to be somehow simple 10 to 12 years back as very less people are aware of them

But eversince the rise of Bitcoin price happened in 2013 to 100 USD, Mining has got popular since then

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Currently Mining requires more sophisticated computers, lots of patience and solution driven techniques than earlier

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1. Cloud Mining This type of mining has been so accessible as the user takes rent of mining rig and after processing whatever be the profits obtained will be transferred to the user

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2. CPU Mining CPU mining uses processors to mine cryptocurrency but currently very less people are using it as the process is very slow

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3.GPU mining This is the most popular method of mining cryptocurrency, mainly because it is currently the most efficient and cost-effective option on the market.

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4.ASIC mining This Mining Technology creates more coins than the previous ones but the only drawback is it can be robbed by other miners which causes disturbances in regulation of these coins

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Hope you people found the story informative. For more such interesting stuff, click on the link given below

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