Maths9903Nov 28, 2021 · 3 years ago2 answers What impact does the US to euro exchange rate have on the profitability of mining cryptocurrencies?
How does the exchange rate between the US dollar and the euro affect the profitability of mining cryptocurrencies? Does a stronger US dollar compared to the euro make mining more profitable, or does it have the opposite effect? How does this exchange rate impact the cost of mining equipment, electricity expenses, and the overall profitability of mining cryptocurrencies?