Like any other way of earning, mining consists of pros and cons, of which you should be aware before investing in cryptocurrency mining. In addition, always keep in mind the programs which help you in mining. Such as trex miner for example.

Pros:

The growing popularity of cryptocurrencies;

Lack of centralized management;

High potential profitability;

Ability to choose a coin to mine (as well as mine several coins simultaneously) and equipment to suit your budget;

Collective mining in pools and increased potential profitability;

Cloud mining as a way to mine cryptocurrency with minimal investment;

Withdrawal of profits in different ways;

Automated mining programs;

Mining yield calculators;

No geographical reference.

Cons:

High-risk investments;

Expensive equipment;

Costs to keep equipment running, upgrades, cooling systems, ventilation, electricity;

Energy inefficiency;

Ever-increasing complexity;

Reduced rewards for miners;

The unprofitability of solo mining;

Lack of clear regulatory guidelines.