The Current State of Cryptocurrency Mining

The initial boom period of the cryptocurrency market is never coming back, and many people are deeply nostalgic for it. And with good reason – even though it was the “Wild West” of cryptocurrencies, it was also a lot of fun for everyone involved. There was also still a huge potential for those who wanted to trade, mine, and develop new coins and protocols. Now, after the dust has settled, everything is very standardised and streamlined, and getting started can be a challenge in itself. This is especially true when it comes to fields like mining, which are currently dominated by large-scale factories in places with cheap electricity rates. But not all hope is lost – if you play your cards right, this can still be a lucrative field.