Should I start mining in 2021?

After the wave of the third halving in 2020, the sharp change in the prices of ASIC-miners and the jump in the bitcoin exchange rate, many people are interested in the possibility of mining. But will it be profitable today?

In 2021, miners are expecting ETH to switch to PoS — and that could be a leap in earnings for those mining the cryptocurrency. The world's second most popular and important cryptocurrency is moving to stacking — which means there is no need to spend more money on buying and maintaining expensive devices.If stacking is an inconvenient option, however, you can grab one last chance and earn money from mining before switching to Proof-of-Stake.

Do not forget that the current fluctuations in the market will end, and the main criterion for mining will again become the cost of electricity, and in Russia it is one of the lowest in the world. This is a reason to think about assembling your own farm or renting equipment.

Anyway, the cryptocurrency sector is actively developing — if you are not ready to buy mining equipment now, you can always rent it. The sooner you start interacting with blockchain technology, the more opportunities you will have to make money.