Effects of Crypto Currency Mining

[Maaz sultan 265]

Its a fact that the prices of mining equipment's are going up and gradually more people are coming in the field of crypto mining as profitable and stable earning business ,

                                                                                                                                                                                                       

But their are consequence that peoples buy any devices more aggressively to increase their probability and the short fall comes , there are companies that produce their product like GPUs Hard Drives in limited quantity but recently the demand of the mining hardware increased the we know when the demand of anything increasing the the prices will skyrocketing (Supply and Demand Role ) .

                                                                                   

 

 

                 So this is not beneficial for all of us and for the remedy of this shortage of mining devices is we need to split our businesses into many small parts as the rule says  ( Dont put all your eggs in one basket ) and we dont need to depends on only GPU or storage mining but their other mining fields and crypto businesses such as , yield farming, staking , mining with ASICS machines Chia mining and i am now coming to copy trading its also like mining , So we dont need to depend on one thing and split our money in many fields that when any of the field stops paying or going to not profitable zone we have other options .

                                                                                     

                                                                                                 REGARDS