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2021 was a hectic year for crypto miners, and the future of crypto mining looks no different. After all, there were some massive shake-ups in the industry. First, many Chinese miners had to flee their country's most intense regulatory action to date. Second, the global chip shortage capped mining machines' capacity worldwide. Yet, there are still more challenges ahead.
Bitcoin mining companies are becoming a popular way to gain indirect exposure to the technology that powers the underlying asset. Firms such as Bitfarms, Hut 8, and Marathon Digital provide sustainable Bitcoin mining operations, catching the eye of investors and paving the way for future blockchain infrastructure.
Most people in today's society have heard of either cryptocurrencies in general, or at least Bitcoin specifically. The crypto market keeps growing, and as of 2020, crypto awareness is arguably bigger than ever before. Along with this surge in public interest, people are also starting to open their eyes to the technology behind cryptocurrencies such as Bitcoin. The fundamental technology for cryptocurrencies is blockchain, and this is an essential cog in the crypto machine.
