Problem
Bitcoin mining is one of the most profitable yet hardest industries to enter due to:
š“ High Entry Costs ā Mining rigs (ASICs) are expensive and require constant upgrades. š“ Electricity Costs ā Power consumption is a major expense, cutting into profits. š“ Technical Complexity ā Running and maintaining mining hardware requires expertise. š“ Centralization ā Large mining farms dominate the space, leaving small miners with little opportunity.
These barriers have prevented the average person from benefiting from Bitcoin mining.
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