Bitcoin mining is continuously evolving with advancements in technology and changes in market conditions. As energy-efficient hardware and greener solutions emerge, mining will become more accessible and sustainable, ensuring its long-term viability.
ASIC miners are designed for high efficiency in Bitcoin mining, offering more power than GPUs. GPUs are better for mining other cryptocurrencies but are less efficient for Bitcoin. Choose based on your goals and budget.
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Miners use powerful computers to solve cryptographic puzzles. When a puzzle is solved, it’s added to the blockchain, securing transactions. Miners earn Bitcoin as a reward for their computational effort.