A miner is used to help process transactions and secure the network of a cryptocurrency that uses a Proof-of-Work (POW) algorithm. What Is a Mining Rig?Ī mining rig is a computer that is customized for cryptocurrency mining. In this article we cover everything you need to know about mining rigs and how you can get started in this lucrative industry.
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Mining can be a very profitable endeavor, even for (non-technical) individuals if they figure out how to run a mining operation. In 2021, $15 billion in revenue was made by Bitcoin miners according to research by The Block. These are best suited for different cryptocurrenciesīillions of dollars worth of bitcoin and other cryptocurrencies are mined each year by a wide range of miners, ranging from home miners, to large publicly traded companies. There are different types of mining rigs such as CPU miners, GPU miners and ASICs.
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