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What is Bitcoin Mining for Beginners - Short and SimpleYes, it is possible to mine Ethereum Classic with a CPU. However, it is not recommended as it is much less efficient than GPU mining. Ethereum. As cryptocurrency becomes more mainstream, is Bitcoin mining profitable anymore? Learn about cryptocurrency, how it's mined and what you. Intel's announcmeent of its Blockscale ASICS for cryptocurrency mining promise sustainable, power-efficient circuits for the blockchain.