Will mining become cheaper in the near future?

[Lens]

If we employ cheap electricity and some other materials that are needed in the mining process then it is very possible that the money would be cheaper in the future.

 

[Lens]

I do not think that mining will be cheaper in the future because mining is definitely one of the ways to keep the cryptocurrency market afloat and it is necessary.

 

[Ononivami]

I do not think that my name will come cheaper in the future this is because mining has become a household name and it would probably become more expensive because not many people will be getting involved.

 

[Smiles20]

Technology is advancing and I do not see reasons why Technology will not make mining less difficult and even more cheaper in the future. It is not impossible to see such developments.

Technology has been the driving block of everything into this world. I am even suggesting that we are going to be seeing even faster means of making the transactions go through at a cheaper rate.

 

[Ononivami]

Technology has been the driving block of everything into this world. I am even suggesting that we are going to be seeing even faster means of making the transactions go through at a cheaper rate.

This is much expected around technology because there are a lot of improvement that are going on right now and this would actually make transactions much more faster than what it was.

 

[Lens]

I anticipated mining to become much more difficult in the future because mining of cryptocurrency would be difficult to the future due to the limited number of the particular digital currency.

 

[Ononivami]

Technology is improving on a daily basis and there may be a way out for mining to be cheaper in the future through the use of technology but for now I don't see you in that mining could become cheaper.

 

[Lens]

Based on the available facts I do not think that cryptocurrency money would become cheaper in the future rather it will become a bit more difficult because of the decrease in the number of coins left to be mined.

 

[Ononivami]

We cannot tell the type of the new technology that will be employed in mining in the future because this could make mining a little bit more cheaper in the nearest future.

 

[Setho]

We have to see things like government becoming more comfortable with cryptocurrency and allowing the big technological companies to jump inside so that they can be able to bring in their experience and build technologies that will allow these.

 

[Lens]

The fast growth rate in technology has made it very difficult for anyone to predict what the future holds. The cryptocurrency mining may become very cheaper in the future if technology permitted it.

 

[Bookwormlux]

It will be cheaper because mining is not going to be as profitable as it used to be. This would shift the attention away from it. This is why we shouldn't put much hope on it at all.

 

[Robust]

Mining of cryptocurrencies is always going to be profitable for life. The only limitation is just due to the fact that it requires high capital and big resources to succeed.

 

[Chibson]

I don't think mining of cryptocurrencies will become easier in the future. bitcoin is actually halving and therefore the number of bitcoins to the mined is getting very low and that is one of the reasons it will become harder. Some countries are also having shortages in electricity because of mining activities and that will make some countries to ban it.

 

[Setho]

We can understand that the crypto-currency market is still very new and new Innovations are coming out so I will not be surprised if my name is going to be a lot more cheaper.

 

[Chibson]

We can understand that the crypto-currency market is still very new and new Innovations are coming out so I will not be surprised if my name is going to be a lot more cheaper.

Mining cannot become easier because Bitcoin mining will soon finish. it is even getting harder on daily basis because everybody wants to get some piece of the cake and the fact that it consumes a lot of electricity is even making some countries like China to ban it.

 

[jordans]

minerals grow well with the help of technology, Technological advancements can make it easier to produce mineral goods, increasing what is known as total factor productivity, a key part of economic growth.

 

[Robust]

The way my country are mostly depending on crude oil now, I think mining will become really great in the future and I will make product of petroleum more easy and quick.

 

[Sotherefore]

Meaning of cryptocurrency can never be cheaper, normally cryptocurrency was designed to make mining difficult as the mining process continues. Bitcoin mining process is becoming more difficult each day.

 

[Chibson]

Meaning of cryptocurrency can never be cheaper, normally cryptocurrency was designed to make mining difficult as the mining process continues. Bitcoin mining process is becoming more difficult each day.

Probably, the only thing that is actually possible is to reduce theyl kind of harmful substances released to the environment during the process of mining Bitcoin. Elon musk talked something about green energy sometime ago in terms of Bitcoin mining.