The cryptocurrency economy isn't what it used to be, at least when it comes to mining profitability. It's one of the lead reasons why many are saying that Bitcoin and other cryptocurrencies are flawed. (Actually, it's already been established that Bitcoin has flaws — how fatal they are remains to be seen.)
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The advantage? Exclusive information and above all, every Wednesday, at 6.30 p.m. London time, we do a private 30-minute live. During it, we expose the progress of machine controls and we answer all your questions.
What about those who want to try mining the old school way, using PCs? Well, if there are any old computers lying around and if they are particularly feeling generous then a custom GPU based mining rig is the way to go. It will require some money initially (let’s say a maximum budget of $2000) for starters. They can set up their own mining rig with components that are available on various online shops or a local computer hardware stores. First thing they would have to consider is a good GPU that can generate a decent hash rate. There are few high end GPUs currently available out there in the market which are capable of generating enough hashing power to be recognized by the bitcoin mining pool.