We have discussed how expensive and power consuming are GPUs and ASICs in our last point. Affording those thousand dollars giant mining rigs and expensive electricity is surely not in everyone’s capacity. There are only three strong winners in the cryptocurrency world: The Creators of the cryptocurrency who mine a million coins using just a home PC because due to no competition, the mining difficulty is negligible. The Rich who can afford expensive GPUs and ASICs to create gigantic mining rigs and who can afford to pay electricity bills as high as $1 million a month! The Criminals who know how to steal electricity or hijack computational power. 2.24 2.23 2.22 2.21 2.20 2.19 2.18 2.17 2.16 2.15 2.14 2.13 2.12 2.11 2.10 2.9 2.8 2.3 2.4 2.5 2.6 2.7 2.2 2.1 2.0 1.0 The example of ordinary bitcoin users who do mining (having no significant GPUs or ASICs) by participating in mining pool websites (users combine their hash rates to mine as a network) is that of an “Ant...