At Home Bitcoin Mining Is Surging

Some social data suggests that bitcoin mining is more popular than ever among retail participants as interest continues to rise that began early last year, despite a downward trend in the market.

Bitcoin is currently trading at about 50% lower than its last all-time high of about $ 69,000, set in early November 2021. But even with the steady decline in the price of bitcoin in recent months, some online communities are full of miners. novices and experienced who discuss. best practices, new products and educational resources for successful mining. Sustained activity and growth in these communities, despite the market slowdown, suggest that widespread interest in mining relative to previous years is isolated from the characteristic volatility of the bitcoin market.

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