According to BanklessTimes.com, Bitcoin’s price has risen over $18,800, bringing mining back into profitability after stagnation. The recent price increase has increased interest in Bitcoin mining, as miners can now profit from their efforts.

According to BanklessTimes CEO Jonathan Merry: “This positive development will lead to more investment in mining equipment and infrastructure. Thus, it will help to secure the network and increase its strength.”

The recent rally in the price of Bitcoin has brought relief to miners. It has made mining profitable once again. Bitcoin mining involves using computational power to solve complex mathematical equations to create new Bitcoins.