Cointelegraph Research explores the trends in Bitcoin mining and compares mining strategies available to retail investors.
In a new report, Cointelegraph Research explores the current state of the mining ecosystem, including its economic conditions and technical developments. The report also covers new approaches to make Bitcoin mining open to retail investors, includinghas been volatile but follows an exponential growth trend.
Although the total Bitcoin hashrate is increasing exponentially, the performance of individual mining rigs is advancing more slowly.hashrate of 100 terahashes per second . The latest Amtminer S21 Pro, unveiled in March 2024, has a hashrate of, another fundamental characteristic of mining hardware, has improved from 29.5 joules per terahash on the S19j Pro to 15.0 J/TH on the S21 Pro.
GoMining pursues a different approach by letting its users not rent but perpetually own a certain amount of Bitcoin hashrate. GoMining tokenizes hashrate produced by miners in the company’s data centers and mints it as NFTs with varying energy efficiency and power characteristics.wide range of use casesGoMining offers two modes to earn rewards from NFTs: Solo and pool mining. The solo mode provides guaranteed results and is based on the characteristics of the NFT used for mining.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Cointelegraph does not endorse the content of this article nor any product mentioned herein. Readers should do their own research before taking any action related to any product or company mentioned and carry full responsibility for their decisions.
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