How the future of cryptocurrencies might affect mining

[Coinmarketvoice]

The future of cryptocurrency mining is highly uncertain and dependent on the fate of cryptocurrencies themselves. If cryptocurrencies become more widely used and valuable, large-scale mining may remain profitable for major players. However, if cryptocurrency popularity or prices decline, regulation is introduced, or alternative consensus mechanisms are adopted, mining could either change dramatically or become unnecessary altogether. The coming years will reveal how these possibilities unfold and what they mean for the future of cryptocurrency mining.

 

[Eva Green]

Mining industry has many things to unfold in near future, but one of the possibilities is that new stable coins and their mining may take up the place and carry on the power furthermore.

 

[ShanaShh73]

I don't think mining industry will last and profit forever. I think it will close in the nearest future. Mining era has passed

 

[TRomanoS]

I don't think mining industry will last and profit forever. I think it will close in the nearest future. Mining era has passed

Totally agree! Mining was pretty alive till eth didnt switch to pos

 

[ShanaShh73]

Mining industry has many things to unfold in near future, but one of the possibilities is that new stable coins and their mining may take up the place and carry on the power furthermore.

Mining industry has many things to unfold in near future, but one of the possibilities is that new stable coins and their mining may take up the place and carry on the power furthermore.

but it requires much power and electricity. It's not ecologically at all

 

[Frank Dumont]

In my opinion its better to use renewable resources for mining purpose nowadays, as some currency miners have huge outcomes & there future is quite blasting.