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Is mining Bitcoin or any other digital currencies still profitable? It’s a question many are asking, but the answer may vary depending on the person. Digital currency mining has proven to be extremely popular over the last years, as it has been an easy way to earn “free” money and allowed people to accumulate their cryptocurrency portfolio. Claim $500 Worth of Bitcoin from PayPal “Mining” is the term used for creating new digital coins. Each miner will be part of an online mining pool, and together they will solve mathematical algorithms that authorize transactions and yield the rewards of new coins of the respective currency (e.g. Bitcoin, Litecoin, and so on). In order to measure the power of one’s mining capabilities, people call it “hashing power,” which is in the number of calculations done per second. The more hashing power one has, the more digital currency they can earn. Sounds easy, right? Well, it used to be something not many people participated in, and you c...