Questions tagged [regular person]

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Stefano Stefano Fri May 24 2024 | 6 answers 1287

Can a regular person mine Bitcoin?

Could you please elaborate on whether an ordinary individual can engage in Bitcoin mining? I'm curious about the technical requirements, the costs involved, and whether it's economically viable for someone without specialized equipment or extensive knowledge in the field. Additionally, I'm interested in understanding the risks associated with mining, such as the potential for hardware damage or the challenges posed by the increasing difficulty of mining as more people join the network. Finally, I'd like to know if there are any alternative methods or strategies that a regular person can consider to earn Bitcoin without directly engaging in mining activities.

Can a regular person mine Bitcoin?

| Topics at Cryptocurrency Q&A

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