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Best crypto exchanges ireland | You can learn more about how we make money. Thank you for your feedback! This is often favourable for those starting out in the market. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. Cons Mining company shares display higher volatility than cryptocurrency assets Specific equipment is required for mining high cap cryptos such as Bitcoin It's typically expensive and difficult to remain profitable depending on the cost of electricity in your area Many new cryptocurrencies are opting for proof-of-stake, which will reduce the demand for mining equipment over time. The market capitalisation of a cryptocurrency equates to the unit price of a currency, multiplied by the number of units in existence. When more people are interested in buying something, the more those who can afford it are willing to pay for its relative scarcity. |
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