Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Cryptocurrency Forums
Mining
Starting A Mining Farm Is Not That Easy
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Good-Guy, post: 113138, member: 29109"] Starting a mining rig is not that easy. You have to buy a lot of equipments and hardware in order to start your own mining farm. I have seen many people investing a good amount of money when it comes starting a mining farm. Even I once thought about opening a mining farm. However the following factors stopped me from opening a mining rig:- [B]1) Rising Difficulty[/B] This was a big factor. Every year, the mining difficulty of cryptocurrencies is rising higher and higher. This means that mining cryptocurrencies is not profitable if you do not buy expensive hardware to meet the minimum requirements of handling the high difficulty levels. [B]2) High Cost Of Hardware[/B] This is actually the biggest factor because high-quality, expensive hardware is the key when it comes to starting a mining rig. The hardware is just too expensive and it takes a long time to cover the cost when it comes to mining cryptocurrencies. So what about you? Do you own a mining farm? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Cryptocurrency Forums
Mining
Starting A Mining Farm Is Not That Easy
Top