Are you wondering whether to simply purchase Bitcoin, Ethereum, Litecoin and the many mineable crypto currencies or get involved in a mining operation? From old school CPU and GPU mining to companies that build mining specific machines, the choice of options can be overwhelming.
If you're like me, you've done both and determined that buying and holding has been a much more long term profitable solution. However, should you decide to get into the mining game, you now have to be aware of an even bigger threat - coin development teams forking their projects in order to thwart attempts by mining equipment manufacturers.
Coincentral.com has provided a look at the Impact of ASICs on Cryptocurrency Projects in an article. It’s worth a quick read to see how the battle between coin developers and mining equipment developers is unfolding.