At a time when Bitcoin (BTC) mining is dominated by large-scale mining farms with advanced, specialized hardware, the odds of a solo miner striking the so-called digital gold are astronomically low.

Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...

Bitcoin mining is the process that keeps the BTC network secure and operational. Bitcoin (BTC) miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts ...