Is crypto mining profitable in Australia?
Is cryptocurrency mining profitable in Australia when you have to pay for your power usage? Let’s take a look. A proper look.
How Do Crypto Fees Work?
Fees are basically broken down into two parts. The first are the Fees that you pay at an exchange to purchase or send crypto currency.
Buying a Crypto Miner
In a nutshell ‘Mining’ Crypto Currency is basically verifying transactions on the network or blockchain. This happens to ensure the system remains safe, secure and reliable.
Crypto: Coinspot.com.au
Ever since 2012 I have been interested in the Crypto Currency market (Yes Bitcoin fascinated me!) however, as like many of us we thought it was a bit of a pipe dream and did not invest in it.