Now this is an interesting idea I had never considered!
On 1/10/21 1:15 PM, Mike Hammett wrote:
I'm intrigued by mining cryptocurrency to generate heat in my house that
pays for itself.
I understand that there is something called profit switching that
changes which currency is being mined based on profitability.
I understand that ASIC miners are way more profitable.
I understand that algorithm support in ASIC miners varies.
Where can I go to separate the wheat from the chaff? Google returns a
lot of crap.
I understood that you mine the coin, stuff happens, then the coin goes
into your wallet, of whatever type. You then hold it or exchange it for
goods or cash.
What are pools?
What are stratums?
Where can I find more information on asic miners, to find which ones are
best able to generate a return for their cost?
-----
Mike Hammett
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