Alex Lielacher | Bitcoin Market Journal
The best bitcoinminers are hard to find because demand for them is so high. Manufacturers sell out quickly, and marketplaces such as eBay and Amazon often list popularbitcoinminers at double or triple the manufacturers’ price.
The Evolution of Bitcoin Mining
However, those days are long gone. There are many peopleminingbitcoin today all over the world. As more people begin mining, mining difficulty increases. Now, the only way to profitably mine bitcoin is with ASICs (Application Specific Integrated Circuits).
These specialized computers run fast, hot, and loud with high-powered cooling fans. The fans create a high-pitched jet engine white noise that is disturbing if not maniacal. Yet, that noise is music to the ears of peopleminingbitcoin because it is the sound of making money in the mining business.