How To Mine Bitcoin Cash In 2022 | Ultimate Guide - CoinJournal

Where to Save my Coins After Mining?

Cryptocurrencies require a wallet and so does your earned BCH. There are different types of cryptocurrency wallets that you can use, each with its own pros and cons.

Ensuring you use a secure, reputable wallet lies at the heart of any mining operation, as security breaches could cost you your whole investment. Here is our list of the best Bitcoin Cash wallets you can use.

Furthermore, those looking to trade their mined crypto should check out our guide to the top bitcoin cash exchanges.

Alternatives to Bitcoin Cash Mining

Mining isn’t for everyone—acquiring the right hardware and powering it can involve a significant amount of effort and expense. What’s more, you may find yourself competing with industrial-scale mining operations, such as Riot Blockchain, Marathon Digital Holdings, and Argo Blockchain.

A simpler and cheaper way to profit from mining is to buy shares in one of these mining companies. This is easily done by signing up with a broker that offers mining company stocks. You can get started by clicking on the link to our preferred partner below.

Riot Blockchain (RIOT)

Riot Blockchain has Bitcoin mining facilities in New York and Texas, including North America’s single largest Bitcoin mining and hosting facility. The company aims to increase its capacity and hash rate by expanding its operations with the purchase of more mining machines.

Marathon Digital Holdings (MARA)

Digital asset technology company Marathon Digital Holdings has been around since 2010, when it started collecting encryption-related patents. The company already has a sizeable fleet of Bitcoin miners and aims to build North America’s largest mining operation while keeping energy costs low.

Argo Blockchain (ARB)

Argo Blockchain comprises a dynamic team of mining and blockchain experts that prize innovation. The company supports the development of blockchain technologies and advocates the use of renewable power sources to create a sustainable blockchain infrastructure.