Dillon VatickNov 29, 2021 · 3 years ago1 answersWhat is the impact of gas fees on the profitability of cryptocurrency mining?
Gas fees refer to the transaction fees paid by users on the Ethereum network. These fees are essential for miners to process and validate transactions. However, gas fees can vary greatly depending on network congestion and demand. How do gas fees affect the profitability of cryptocurrency mining? Are there any strategies that miners can adopt to mitigate the impact of high gas fees on their profitability?
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