Categories: Mining

Ethereum is so 2017: Joshua Redditt

He explained that to mine the top cryptocurrencies today such as Bitcoin and ETH requires very expensive hardware and users will “likely not make enough in return to absorb the cost”. However, he recommended those interested in getting involved to focus on other newer and lesser cryptocurrencies.

His personal favourite is Ravencoin, “but there are a lot more out there from which you can profit”, and added that with GPU mining rigs such as the one his firm is builiding, you can mine for all the cryptocurrencies out there.

“You don’t have to be an expert to mine cryptocurrencies and profit from it. If you know how to Google, copy and paste, you can mine cryptocurrency,” he said.

Olivier Acuña

Olivier has been writing for over 30 years. He has been based in six countries working for major news outlets including the Guardian, UPI & AP. He has covered massive earthquakes, presidential elections, immigration, and taken photos standing in the middle of shootouts between drug cartels, gone undercover to investigate organised crime, interviewed presidents, former presidents, heads of international organisations.

Disqus Comments Loading...

Recent Posts

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

2 weeks ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

2 weeks ago