Bitcoin’s biggest rival, ether, blew past $4,000 on Monday to hit a new record high.
They are competing against miners all over the planet to be the first person to verify a block of transactions.
To mine ether, you’ll need to build a custom mining rig.
There are dozens of options, ranging from physical hardware wallets that let you store your crypto offline, to web wallets that allow you to interact with your account via a web browser.
With one graphics card, the rig we built costs roughly $1,400.
Mining rigs require quite a bit of power, so electricity cost is a big factor when computing whether mining can be a profitable venture.