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SLP259 Whit Gibbs - Bitcoin Mining For All With Compass Mining

Stephan Livera Podcast

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Challenges and Considerations in Bitcoin Mining

This chapter explores the challenges and considerations faced by Bitcoin miners, including the prevalence of scams in cloud mining, the dynamics of mining during bull and bear markets, the various inputs and factors impacting mining decisions, the difficulties for newcomers in sourcing hardware and establishing networks, the impact of the mining difficulty adjustment, and the steps involved in getting started with mining.

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