Why co-location is the best way to mine bitcoin

Written by no profile | Published 2020/03/29
Tech Story Tags: blockchain | communication | technology | tech | data | transportation | security | latest-tech-stories

TLDR It is not profitable to have a mining rig in your home at current market prices. One of the best solutions to the issue is co-location. Colocation allows you to outsource the management and infrastructure of your mining rigs. The main benefit of moving to a colocation facility is the reduced cost of power. It ensures that you can deal with the energy cost associated with crypto mining. The other option that miners have is to join a cloud-mining firm. The amount that miners receive is significantly less than they should receive.via the TL;DR App

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Published by HackerNoon on 2020/03/29