Chapter 15
Ten Ways to Boost ROI
IN THIS CHAPTER
Learning about digital-currency background
Smart scaling and mining deployments
Ensuring your mine remains profitable long term
Timing your entries and exits
Mining alternative cryptocurrencies
In the cryptocurrency mining space, revenue is important, and profit is critical. You do not want to spin your computational hash cycles for zero gain, and you want your investment of time, mining hardware, electricity, and other expenses to pay off. We have compiled a list of ten things that will help you become profitable and receive a return on investment (ROI) in your cryptocurrency mining adventure.
Doing Your Homework
Doing plenty of research and study prior to jumping into the cryptocurrency mining space in any capacity is crucial. It’s a complicated arena, with plenty of room for error, and cryptocurrency mining is not a quick walk in the park. We discuss the ROI calculations and math exercises required to see projections of mining ...
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