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What are common mistakes made by crypto miners?

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Quite a few of those who decide to mine cryptocurrency are in such a hurry that they don't even bother informing themselves of how mining actually works. They also frequently purchase equipment after verifying neither if it fits their purposes, nor if it's feasible to be used in their area.

Bad ventilation and power supply are among the factors that usually contribute to the incorrect use of the mining equipment. Chips being overheated and unstable electricity jump out as the primary causes of rapid machine destruction. In addition, having to start the process over again after every incidence of machine failure and incurring higher energy bills are both results of this.

There are also a lot of miners who risk increasing their expenses concerning the transaction fee network and software updates. Despite the fact that these are just a few minor things, they are the ones that always go unnoticed and are the sources of the biggest profits. By simply knowing the costs well and by keeping the devices up-to-date, the miners may far way from the risk of losing large amounts of money.
 
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