We’re in the middle of a Bitcoin boom. The popular cryptocurrency has steadily increased in value and the prices has fluctuated significantly recently, with it hitting $17,000 in early December and shows no signs of stopping. Cryptocurrency mining is a big opportunity for those with the right strategy. But with so many currencies to choose from, how can you find a currency that balances costs and revenue while maximising your chances of earning big? The Competitive Mining Markets Before choosing a cryptocurrency to start mining, it’s worth brushing up on the competitive nature of cryptomining. All cryptocurrencies are validated against a distributed, peer-to-peer blockchain ledger. Miners that discover new blocks can then add them to the chain, and receive some units of the cryptocurrency ...