At the beginning of this unusual and sometimes difficult year, the cryptocurrency world reminisced about the crypto mining boom and whether it was now over. But soon, the fears were washed away as large companies registered on Nasdaq expressed clear interest in mining Bitcoin (BTC) for additional earnings.
It has been said more than once that this year’s sharp rise in mining is directly related to the significant increase in cryptocurrency prices. During the summer, Bitcoin could be bought at just above $10,000; now, it’s priced at well over double the amount. Altcoins are not lagging behind, either. Ether (ETH) reached the $650 mark this month and Litecoin (LTC) was above $117 recently, although six months ago, the latter could be bought for just $41.
As price analysts expect the bullish market trend to continue into 2021, the most up-to-date hardware offerings are likely to be in high demand. So, here are some of the most interesting products on the hardware market that miners should expect to see on the shelves in 2021.
On solid ground
When it comes to Bitcoin mining, ASIC miners are the main choice for hardware. An ASIC, or application-specific integrated circuit, is a ready-made device that is easy to set up and program. When mining Ether and Ethereum-based tokens, things start to get more interesting, since they require putting together a rig that consists of a motherboard, GPU cards and several other components.
So, what was in use this year and what