DE-FI [-2-]
INTO THE WORLD OF DE-FI! SERIES NAME:- "LEVEL UP" BY = CHITEKI KUN! -(N.S.R) DE-FI MEANS "DECENTRALIZED FINANCE"! POD-3............................ let us see some ADVANTAGES & DISADVANTAGES of CRYPTO-MINING let's jump together folk's Downsides of Mining :- The risks of mining are often financial and regulatory. As aforementioned, Bitcoin mining, and mining in general, is a financial risk because one could go through all the effort of purchasing hundreds or thousands of dollars worth of mining equipment only to have no return on their investment. That said, this risk can be mitigated by joining mining pools. If you are considering mining and live in an area where it is prohibited, you should reconsider. It may also be a good idea to research your country's regulation and overall sentiment toward cryptocurrency before investing in mining equipment. One additional potential risk from the growth of Bitcoin mining (and other systems as well) is t...