2018-10-9 11:50 |
A recent analysis of Bitcoin's mining ecosystem reveals that its profitability has diminished.
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According to a recent report by Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hashrate continued to surge. Bitcoin Mining Profitability On A Downtrend In a report published on Sunday, investment bank Jefferies outlined that Bitcoin mining profitability plummeted in September compared to August.
2024-10-15 11:00 | |
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Bitcoin (BTC) mining companies are experiencing significant challenges as a key measure of profitability has reached its lowest point in recent records. Analysts from JPMorgan Chase, Reginald L. Smith and Charles Pearce, indicated that daily block reward gross profit for miners declined by 6% month-over-month in September.
2024-10-2 04:30 | |
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Bitcoin profitability warrants an assessment of the probability of sell pressure. BTC’s recent data demonstrates a resurgence of confidence in its potential to push back above $70,000. BitThe post Bitcoin profitability soars amidst rally: Time for $70K? appeared first on AMBCrypto.
2024-9-27 12:00 | |
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Bitcoin has surged back into profitability, with over 83% of its circulating supply now in the green
2023-11-22 09:20 | |
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On-chain data on May 7 shows that the profitability of bitcoin (BTC) miners is on the rise
2023-5-8 21:25 | |
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Bitcoin's profitability is no longer extremely high compared to other assets
2022-5-11 15:21 | |
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Bitcoin miners have raised over $4. 7 billion in revenue so far this year, but rising electricity prices have rendered cryptocurrency mining almost completely unprofitable, even for the world’s biggest pools.
2018-10-9 15:33 | |
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Bitcoin has had an interesting year. Every company has been hit with the effects of the bear market, but Bitcoin has still managed to increase their revenue lately. Unfortunately, Bitcoin mining hasn’t had the same success, which could be due to a few different reasons.
2018-10-9 08:11 | |
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Bitcoin mining in 2018 hasn’t been as profitable as in 2017 despite an increase in overall revenue. With the network hashrate continuing to increase astronomically, miners now pay higher electricity tariffs severely affecting their bottom-lines.
2018-10-9 00:52 | |
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Bitmain have announced the release of a new mining rig, specifically designed for the mining of Decred. Named the Antminer D3, the new rig will mine Decred at 7. 8 TH/s. The mining economy is sat within a spot of difficulty at the moment.
2018-9-24 15:30 | |
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Altcoins may come and go; hacks may challenge exchanges; mainstream financial advisors might not get it — but even in the face of a protocol bug, Bitcoin perseveres and develops.
2018-9-22 19:33 | |
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Influence of crypto rapid rise According to Forbes, from 2017 to 2018 Bitcoin grew in price by more than one thousand percent. Such a rapid rise could not help but attract a huge number of new players to cryptocurrency trading and mining.
2018-9-27 12:49 | |
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As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.
2018-9-21 01:04 | |
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Cloud mining is the easiest way for newbies to get into cryptocurrency mining, without having to purchase any of the expensive equipment or deal with the high associated costs, from the likes of energy bills etc.
2018-9-4 16:00 | |
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Alexander Petersons, product director of Hashtoro cloud mining service, talks about the future of the cryptomarket, decentralization and the profitability of Bitcoin mining.
2018-8-30 14:49 | |
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Valatie Falls Hydroelectric Dam, New York, is set to see a new life within cryptocurrency mining, after firm DPW Holdings Inc made a bid to purchase the aging dam in March 2018. This will see a new cryptocurrency mining branch open up within DPW Holdings, a brave move considering the falling profitability of cryptocurrency mining as a result of depleting values from currencies such as Bitcoin and Litecoin and of course, an increase in the price of energy and mining equipment.
2018-8-28 14:00 | |
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Bitmain, one of the world’s largest crypto miners, could be facing tough challenges ahead. Aside from the low crypto prices affecting the profitability of its mining operations, even its mining chip manufacturing business seems to be losing its competitive edge.
2018-8-28 13:49 | |
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Genesis mining has announced the imminent shutdown of open-ended Bitcoin mining contracts. The cloud mining service platform has advised users to migrate to a five-year BTC mining contract instead.
2018-8-17 17:39 | |
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As cryptocurrency mining profitability continues to suffer due to price decline, many cloud-mining services have been forced to cease operations. Today Genesis Mining announced they would be ending one of their bitcoin mining services.
2018-8-17 02:00 | |
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Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers.
2018-8-16 23:15 | |
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Canaan Creative has announced that it plans to sell a 43” television set that doubles as a bitcoin mining rig – dubbed the Avalonminer Inside. Canaan, the world’s second largest manufacturer of mining rigs, stated that its television is equipped with A3210 16nm ASIC chips and is capable of processing at a power of 2.
2018-8-11 15:00 | |
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The fact that great responsibility accompanies great power has become crystal clear in the blockchain world. While blockchains are most commonly connected with commerce, the potential impact of distributed ledgers is being discovered in fresh sectors daily.
2018-8-10 20:51 | |
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Bitcoin [BTC] has broken all the hashrate records ever since its inception. The hashrate of the top cryptocurrency has been witnessing a continuous increase whereas the mining profit has been fluctuating over the years.
2018-8-8 04:58 | |
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Cryptocurrency mining profitability is down. If we look at Bitcoin, we see low profits yet the price of equipment is on the rise, as is the cost to run the equipment. Worldwide we are seeing a decrease in the popularity of mining as a result of this.
2018-8-6 08:00 | |
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Square Quietly Pivots Its Bitcoin Trading Service To Operate Through Private Brokers Instead Of Public Exchanges While Square's Bitcoin service isn't known for it's upstanding profitability just yet, it's little-known pivot, they hope, will change this state of affairs.
2018-8-4 23:22 | |
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A new type of profitability calculator has been released – and it brings bad news for many miners.
2018-8-3 17:00 | |
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In the nine years that Bitcoin miners went from needing a personal computer to make money to requiring highly specialized, high-priced equipment to do the same, members of the Bitcoin community have warned of growing mining centralization.
2018-8-1 15:00 | |
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Hashflare, a popular cloud mining service, has recently announced the total shutdown of its service and cancellation of all Bitcoin mining contracts according to a Facebook post from July 20, 2018.
2018-7-24 20:00 | |
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HashFlare, a cryptocurrency cloud mining services, has shut down its Bitcoin mining service. The platform also terminated all related BTC mining contracts citing lack of profitability in operation.
2018-7-23 23:00 | |
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Hashflare, one of the most prominent cloud mining service, recently made an announcement that it would begin to turn off their SHA-256 miners starting on July 20th, as a result of rapidly declining profits.
2018-7-21 21:47 | |
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With bitcoin becoming more competitive, a new organization looks to bring decentralization back to mining by renovating the Proof of Work (PoW) consensus algorithm that some miners have come to love.
2018-7-18 19:00 | |
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Market visualization from Coin360 Bitcoin (BTC) has taken an over 11 percent negative hit, trading around $6,449 to press time, bringing its monthly losses to almost 25 percent. The leading cryptocurrency has now fallen below what some commentators consider to be an average BTC mining profitability threshold of $6,500. Aside from hardware costs, the local cost
2018-6-13 21:11 | |
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