After the latest bitcoin halving, the current breakeven point for a bitcoin mining operator is $12,000 per bitcoin. But the current price of the bitcoin is $8,800 which forces the bitcoin miners to sell more than what they mine from their inventory in order to pay for the operating costs. That, in turn, is likely to increase the supply, put more pressure bitcoin price and push the price even further down below $8,000. As a result, paid miners will be forced to halt mining and there is a risk of many mining operations going out of business.
This makes joining free bitcoin mining pools attractive because free mining pools operate with borrowed CPU power of the pool members thus passing on the major part of the operating costs to members. One could join a legitimate and reliable free mining pool and build his/her network and earn a decent income in bitcoin without risking anything other than the loaned CPU power. If you want to succeed in this, you have to make sure that you follow the two key points:
Joining a legitimate and reliable free mining pool that offers a good referral system that would allow you to build a large network.
Your willingness to work hard and build a network by using its referral system.
For the above reasons I have reviewed and recommended the Crypto Tab free mining pool:
@successforall/poor-man-s-bitcoin-build-your-own-bitcoin-mining-pool-network-empire-for-free
if you want to build your own mining pool empire for free, click here to join the Crypto Tab: https://cryptotabbrowser.com/12383019
Source credit: https://cryptotabbrowser.com/12383019
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