So I watched a very interesting video from a very well known fellow steemian about how to mine Ethereum. This is something I have been thinking of but never really took action to research and so on.
So after coming across this video it got me thinking that maybe I should actually go ahead with that idea. This could prove very profitable. Obviously some learning has to be done in the beginning but I do think this has long term benefit. Watch the video below as Jerry explains to you how this can be done.
Pretty cool stuff right? Do you see how this can be very beneficial and profitable?
I also like the fact that if Ethereum were to go down you can always switch and mine other cryptocurrencies.
I highly doubt you would have to change though seeing that Ethereum is projected to be even higher than it is now next year. So in essence we would have to just keep mining, with the steady growth of Ethereum you are bound to see results here for sure.
And like Jerry says on the video, if Ether suffers a little setback you can
just hold on to your ethereum. Or alternatively, sell it off for something else.
I think this will do well long term. All you have to do is set it up right, invest in this project and it will surely
pay dividends in the future.
What about you? Are you actively mining Ethereum or any other cryptocurrency?
What is the best advice you can give to someone who wants to start doing the same?
What about equipment? Any recommendations or sources to recommendations?
Do you have a step-by-step guide tutorial of how to go about this endeavor?
Please share your thoughts below.