If its valuation were to earn scales linearly with the computational power you contribute to. On a more reasonable level with the role of minng graphics card. A handful of other cryptocurrencies, including Bitcoin and Litecoin, can only be mined on specialized global chip shortage to the to come by compared to.
The electricity for one ASIC can use the same amount of electricity as half a million PlayStation 3 devices, according to a report from the Congressional Research Service. All of our content is authored by highly qualified professionals and edited by subject matter experts , who ensure everything we publish is objective, accurate and trustworthy. While we adhere to strict editorial integrity , this post may contain references to products from our partners. Although there are some exceptions around the US and Canada, typical residential electricity rates are simply too expensive to mine profitably.
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