Can you mine cryptocurrency with Apple's M1 chip?

A number of Apple's products are now supported by the M1 chip, including the MacBook Air 2020 and MacBook Pro 2020. But can you mine cryptocurrency with such devices? In short, cryptocurrency mining is possible with M1-powered models.

Is cryptocurrency mining possible with the M1 silicon?

In short, crypto mining is certainly possible with the M1 Silicon, but it is barely profitable, so you'll be committing your Mac device almost entirely to an operation that won't reap many rewards. Instead, consider a reasonably priced GPU if you'd like to mine cryptocurrency for a higher profit without breaking the bank.

Can You Mine ETH using an M1 chip?

Take Ethereum, for example. In early 2021, a software engineer managed to mine Ether using an M1 chip (as it is a GPU-friendly mining option). This was huge news for the mining industry and had people questioning whether Mac devices would be the next coveted device for miners. But mining ETH using an M1 isn't a walk in the park.

Is crypto mining a good option for a Mac?

So, mining with an M1 Silicon-powered device could be an option if you don't want to buy additional hardware. However, it's important to note that crypto mining is very energy intensive, meaning your Mac's processor likely won't be able to handle much else if crypto mining is in process.