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.