As Bitcoin (BTC) becomes a trillion dollar asset class and is still on the rise in 2022, more and more people are interested in learning how to mine cryptocurrencies.
But bitcoin mining can be an expensive process, both in terms of expensive computer hardware and software, and the energy needed to keep mining equipment running. This article will explore whether bitcoin mining is worth it in 2022, and possible alternatives.
Why Bitcoin Mining Exists
Bitcoin mining is the process by which new bitcoins are born – a process that is capped at 21 million bitcoins according to the Bitcoin protocol. Mining bitcoins has become increasingly difficult over time, as more and more miners compete for the reward of the next block. Today, mining bitcoins as an individual is rarely profitable unless you use cloud mining
Develop a mining network — increase your income
Solopreneurs are creatures of the book — in real life, we often rely on others. With Nexthash, you can make money alone, but with the help of other miners, your income will grow exponentially.
Income from mining networks
Let’s explain how it works: invite friends with your personal link and get a percentage of profit from each of them — they invite more people, you get additional percentage points from these new users and so on, your network grows — your income increases. You don’t even need to mine yourself: we will pay interest until at least one member of your network uses Nexthash.
How to attract other miners
Among your friends and followers there must be some who would like to earn an income by simply Well, make their dreams come true by writing promotional articles or messages on Twitter, Facebook, Reddit, Tumbler and other social media to tell them about Nexthash.