Crypto gas fees are high because the cost of mining is high. Mining is the process of verifying and committing transactions to the blockchain. Miners are rewarded with crypto tokens for their efforts. The cost of mining depends on the cost of electricity and the hardware needed to mine. Crypto tokens are created through a […]
Why Mine Ethereum
As the price of Ethereum has skyrocketed, so too has the profitability of mining Ethereum. Mining Ethereum is profitable because the price of Ethereum has increased faster than the cost of electricity and hardware. As the price of Ethereum increases, the profitability of mining Ethereum increases. Mining Ethereum is also profitable because it is a […]
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