The worth rise enabled the Ethereum cryptocurrency to achieve extra worth and appeal to many buyers. It’s a extremely advanced sequence of processes ensuing within the addition of extra Ether cash into circulation. Cryptocurrency mining is capital intensive as a result of the mining corporations have to purchase highly effective computer systems. Moreover, Ethereum mining consumes important quantities {of electrical} vitality, thus requiring some huge cash to maintain. Ethereum mining is exclusive as a result of there isn’t a pre-set most minable quantity.
Source: The Guardian June 05, 2022 19:30 UTC