Questions tagged [mine directly]

Tommaso Mon Dec 09 2024 | 5 answers 850

I'm wondering if it's possible to mine Bitcoin directly, without any intermediaries or additional steps. I want to understand if there's a straightforward way to engage in the process of Bitcoin mining.

IncheonBeautyBloomingRadiance Sat Oct 05 2024 | 7 answers 1778

I'm curious, in the realm of cryptocurrency mining, which approach is generally considered more advantageous: utilizing NiceHash as an intermediary platform, or mining directly on my own? With the recent fluctuations in the market and advancements in mining technology, I'm seeking a nuanced understanding of the pros and cons of each method. Could you please elaborate on factors such as profitability, ease of use, and potential risks associated with both NiceHash and direct mining? Additionally, how do these options compare in terms of adaptability to changes in cryptocurrency prices and mining difficulty?