Is mining bitcoin still a viable venture to undertake in today’s world? We will explore that question in this article. But first, let’s explore the various ways in which you can mine Bitcoin.
We are assuming that you are already familiar with the basic fundamentals of Bitcoin and Bitcoin mining. In this article, we’ll explore the actual hardware, software and technical aspects that are required in order to be profitable in Bitcoin mining.
Calculating Your Bitcoin Hash Rate
Miners get rewarded every time the “hash puzzle” is solved. The speed at which you are able to solve this puzzle is based on the hardware that you are using. This speed measurement is referred to as the Hash rate.