July was one of the most eventful months in the crypto space. From political moves to technological breakthroughs — each played a role in market volatility and reshaped emerging trends. Here’s a look at the key developments, top-performing coins, and what to expect in August.
The first digital assets, aka cryptocurrencies, came into being back in 2009. At that time people had no idea at all how such kind of money would reshape the world we know nowadays.
Major miners take advantage of the market correction to buy equipment at discounted prices. Due to the growing network difficulty, market players have to ramp up capacity all the time. It is best to mine BTC on your own in 2022 using a mining plant. They place the equipment in data centers or build warehouses. Some of the leading miners rent abandoned factories. As a way to save on electricity and cooling, these farms are usually located in regions with colder climates near thermal and hydroelectric power plants.
In 2021, cryptocurrency is mined in two ways: using ASIC miners or video cards. However, there are other ways of mining cryptocurrencies. In this article, we will talk about ways to mine cryptocurrency without having a powerful PC or a mining farm.
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