How does bandwidth affect cryptocurrency mining

how does bandwidth affect cryptocurrency mining

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Do I Need A Fast Internet Connection To Mine Cryptocurrency? - Cryptocurrency For Beginners
Whereas power is a major concern in the crypto mining community, bandwidth rarely is. As we found, the amount of traffic generated by miners is. So, what is the minimum internet speed for mining crypto? It is the latency that matters. For example, using a SIM mobile hotspot might result. Network bandwidth is the capacity of a network to transfer data from one point to another, measured in Megabits per second (Mbps). It can be impacted by factors.
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This can apply to certain scenarios but is not the most important factor to mine crypto. Computational power will be the most important part of your mining process. You have entered an incorrect email address! It requires a lot of electricity to run mining machines and electricity costs can be high. This difference between download and upload rates can have an impact on activities such as streaming or gaming, but especially when it comes to working with large files or backing up data.