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You probably know cryptocurrency mining is a big business, and it’s getting bigger by the day. Reports show that major mining farms are growing at an exponential rate, making 2018 the biggest year yet for global mining expansion—and 2022 may see even more growth than we saw in 2018. If you’re considering building your own cryptocurrency mining rig, you may have questions about whether this investment will be worthwhile in the long run. Before spending money on components and equipment to build your rig, here are some things to consider.

The Advantages of Building a Mining Rig

1. If you’re into cryptocurrency, mining is a great way to earn extra income. 

2. A mining rig can be a relatively cheap investment and a good way to get started in the mining industry. 

3. Building your mining rig gives you complete control over your mining operation, and you can customize it to your specific needs.

The Disadvantages of Building a Mining Rig

Building a mining rig is expensive. The cost of the hardware, software, and electricity all add up. You also need to factor in the time it will take you to set everything up and get it running smoothly. If you’re not careful, you could end up spending more on your mining rig than you’ll ever make back in rewards. There’s also the risk that the value of Bitcoin could drop suddenly, making your rig worthless overnight.

Final Thoughts on Building an Ethereum Mining Rig in 2022

So, is it worth it to build an Ethereum mining rig in 2022? The answer is a resounding yes – if you’re willing to put in the time, money, and effort. Building your mining rig can be a great way to get started in cryptocurrency mining and can even lead to profits down the line. However, it’s important to keep in mind the cons of building a mining rig, such as the high upfront costs and the possibility of obsolescence.

With Ethereum’s impending switch from a Proof of Work (POW) to a Proof of Stake (POS) consensus blockchain, POW altcoins, especially CPU-mined coins, have a lot to gain.

The “Merge,” the final step in converting Ethereum into a PoS network after two years of testnets, is anticipated to happen within the next few months ( Ethereum co-founder Vitalik Buterin has predicted August if all goes well).

 It is probably going to be more profitable to mine CPU-based coins such as $WHIVE. The Whive protocol allows you to mine with any device, including android phones using the Yespower algorithm.

Mining CPU-based coins after the purge and the Ethereum Merge, especially the ones that are on their way onto the mainstream. With Ethereum’s impending switch from a Proof of Work (POW) to a Proof of Stake (POS) consensus blockchain, POW altcoins, especially CPU-mined coins, have a lot to gain. The energy we get from the sun is free. The Sun is the BIGGEST BANK. Capturing that solar energy for electricity is not free. Solar energy crypto-mining is easier for CPU-based coins such as $WHIVE.


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