Guldager ElliottDec 18, 2021 · 3 years ago6 answers What are the risks and rewards of mining for crypto?
Mining for crypto involves the process of validating and adding transactions to the blockchain. It requires powerful hardware, electricity, and technical knowledge. What are the potential risks and rewards associated with crypto mining? How does it affect the environment and energy consumption? Is it still profitable for individual miners? What are the security risks and vulnerabilities? How does mining impact the decentralization and security of cryptocurrencies?