As the world’s first and most well-known cryptocurrency, Bitcoin has had a long and interesting journey since it was first created in 2009. While it has seen its fair share of UPS and downs, it remains the most popular and valuable cryptocurrency in the world, with a market cap of over $100 billion.
So, it’s no surprise that many people are interested in mining Bitcoin.
However, mining Bitcoin is not as simple as it once was. In the early days of Bitcoin, it was possible to mine the cryptocurrency using a regular computer.
However, as more and more people started mining Bitcoin, the difficulty of the mining process increased, making it necessary to use specialized equipment known as ASIC miners.
ASIC miners are purpose-built machines that are designed specifically for mining Bitcoin. They are incredibly powerful and efficient, which is why they are the only type of miner that can be used to mine Bitcoin today.
However, ASIC miners are also very expensive, with some costing several thousand dollars.
This has led many people to question whether it’s still possible to profitably mine Bitcoin with a regular computer. While it is possible to mine other cryptocurrencies with a regular computer, such as Ethereum or Monero, doing so is not profitable given the current price of Bitcoin.
So, if you want to mine Bitcoin, you’ll need to invest in an ASIC miner.
RTX 2070 is one of the most popular GPUs on the market right now because of its great price/performance ratio. It’s also a great choice for gaming or cryptocurrency mining.
When it comes to mining though which coin is the best to mine with an RTX 2070? We’ve taken a look at all the major coins and what they offer to miners to help you make an informed decision on what coin is best for you to mine with your RTX 2070.
Bitcoin is still by far the most valuable and well-known cryptocurrency in existence today. However, its mining difficulty has increased significantly over the years, making it impossible to profitably mine with a regular computer. In order to mine Bitcoin today, you’ll need to invest in an ASIC miner.
While ASIC miners are expensive, they are also incredibly powerful and efficient. So, if you’re serious about mining Bitcoin, an ASIC miner is essential.