In recent years, crypto-enthusiasts from around the world have found their place in the fast-growing world of blockchain and become part of its rapid rhythm. Like any ecosystem, it has also formed its own institutions: developers who literally pave the way for evolution of the system, miners, ICO-specialists, traders. While the bride heads at the conferences decide whose blockchain is steeper, every 10 minutes somewhere an ordinary man rejoices. Let’s stop on this man.
Mining is one of the simplest and most popular ways of participating in blockchain projects. It does not require special knowledge, but rather is a kind of long-term investments with the expectation of quick payback and additional profit. But what is to start with, while making first steps in the area?
Today miners face lots of obstacles. Bitcoin rate is not high enough, equipment is susceptible to dust, which affects its service life. All that leads to additional expenses, equipment downtime, reconfiguration and loss of profits. Is there really still no solution to get rid of the two main problems of mining equipment?
In 2018, the beginning miners are at a crossroads. On the one hand, they want to buy equipment, build a farm and customize everything by themselves. On the other hand, the increasing network complexity frightens them and incites to go in for cloud mining. Which option is better and what to start mining in 2018?
These days in order to be competitive in the mining industry, you need to work harder than ever before. Perhaps, today only the most enthusiastic miners keep working on the creation of blockchains. For these purposes they use ASICs - special mining hardware. So, which types of ASICs will be the most relevant in the nearest future?
Every miner chooses his own way of dealing with this problem, and only a few are trying to make profit from the “heat problem”. BiXBiT has developed a solution, which is not only makes mining more comfortable, but also allows to utilize the heat efficiently.