Siddarth SarafDec 31, 2021 · 3 years ago8 answers What are the potential risks and rewards of becoming a crypto miner?
What are the potential risks and rewards associated with becoming a cryptocurrency miner? How does mining cryptocurrencies work, and what are the main factors that determine the profitability of mining? Are there any specific risks or challenges that miners face, such as hardware costs, electricity consumption, or regulatory issues? On the other hand, what are the potential rewards of mining, such as earning cryptocurrency rewards, supporting the network, or participating in the decentralized finance ecosystem?