Bitcoin Mining Hits ATH
The wonderful world of mining cryptocurrency. It feels like any time you boot up a new machine it's already operating at negative lol As of yesterday bitcoins difficulty just rose yet again to an all time high of 95.67T
This seems wild being that bitcoin when through a halving event and still the mining difficulty continued to rise. This is showing us that some big players and even small players (such as myself) are getting back into the mining game.
Small mining is becoming profitable once again and is a hobby that has now grown. The key part here is you need to generate your own power. Solar, wind or hydro are the ways to do it and by doing this not only do you get some government kick backs for making your own power but you can also power your home, put extra power on to the grid and get paid for it and of course mine bitcoin at no expense just pure bitcoin dropping into your wallet on evergreen power.
Here's the real kicker though the massive miners that are currently being built haven't even released yet. These new ant miners push out over 2x what their current selling machine does and are more energy efficient showing us once again we are stuck in this endless cycle where mining will only get harder and hardware will get outdated. Thus the only way to really make anything is to produce your own power.
I personally feel like this is a power thing as people that can produce their own power are less reliant on their government, can help others in their area and so forth.
Are you currently mining?