Opinion
Bitcoin mining is becoming harder, which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable.
Didar Bekbauov is the CEO of Bitcoin mining company Xive, which he co-founded in 2019. He previously served as a managing partner at Hive Mining. He holds an undergraduate degree from Kzak-British Technical University and a master's degree in financial management from Robert Gordon University.
Bitcoin mining is becoming harder, which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable.
Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism.