Is cryptocurrency mining profitable in Australia when you have to pay for your power usage? Let’s take a look. A proper look.
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.
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.
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.