RE: My First Steps in Mining Crypto
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Hey, I started learning about cryptocurrencies in 2016 for a job and for a moment I wanted to buy some miners but at that time I didn't have any advice and in the end I didn't want to and then as the years went by the investment was more expensive but well along the way one got to know other aspects of cryptocurrencies such as Hive and among other things.
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I think that 2016 was probably the best year for beginning with mining... If you got into ETH mining at that moment, you could mine a LOT of tokens! On the other hand, if you aren't into computer hardware, it's hard to find all that you need and build mining rigs... I was lucky as I had PC shop and service in the past, and hardware was my favorite thing to poke around... So, it was a pleasure to build rigs, and tokens were a big additional plus!
Also, I know many who got into mining too late, and they got heavily burnt... The GPU prices were up because of big demand, and when ETH turned into POS, all those cards hit the market for much lower prices... which means losses for those who got in too late... 😒