Ether Mining no Longer Profitable as Hashrates Decline

2018-11-16 10:00

Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one.

Crypto enthusiasts will remember the euphoria. . . Read More. The post by Aisshwarya Tiwari appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News. origin »

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Источник: btcmanager.com

profitable longer → Результатов: 14

Individual ETH Mining No Longer Profitable, Analysis Suggests

GPU-reliant Ethereum miners are making zero profit amid a bear crypto market and falling network hashrates.

2018-11-15 11:42	News
bear amid profit zero crypto market hashrates

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Solo Crypto Mining Profitably Is Declining As It’s No Longer Worth The Costs To Mine On Your Own

In the early days of crypto, hobby miners were able to generate enormous profits using ordinary GPUs and even CPUs. Today, things have changed: a new report suggests individual mining is no longer profitable.

2018-11-15 10:29	News
crypto mining miners longer individual profitable today

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Mining Ethereum (ETH) using GPU is no longer profitable

Аccording to an analysis from U. S. -based global trading and technology firm Susquehanna, mining Ethereum (ETH) using a graphics processing unit (GPU) is no longer profitable, Cointelegraph reported.

2018-11-15 09:48
eth using susquehanna analysis profitable mining longer

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ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop

After 11 months of relentless bears, statistics from Susquehanna, a US based trading and technology firm has confirmed that mining Ether is no longer profitable. This is mostly due to a relentless bears that have since drove prices from $1400 to $200.

2018-11-15 05:10
eth mining 200 relentless bears drop analysis

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Mining Pools Rule, Individual Crypto Mining Deemed No Longer Viable

Although institutional players have continued to throw money at crypto assets and up-and-coming blockchain-focused projects, reports indicate that the mining subset of this industry has faltered, and greatly at that.

2018-11-14 16:00	Nvidia
mining crypto viable deemed individual rule pools

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Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable

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	hard fork
bitcoin mining miners revenue cryptocurrency year unprofitable

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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves

Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.

2018-10-9 00:43	Digital assets
bitfinex tether wallet exchange bank bitcoin reserves

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Noble Bank no Longer Profitable, Looking for a Buyer

Noble Bank International, the Puerto Rican financial services firm whose clients were some of the biggest names in the cryptocurrency world, is looking for a buyer as it’s no longer profitable.

2018-10-4 03:00	Tether
looking buyer noble bank puerto cryptocurrency international

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Tether, Bitfinex Reportedly Deserting ‘Unprofitable’ Noble Bank

Noble Bank, the “non-fractional reserves” institution which was once the primary reserve bank for Tether (USDT), is facing competition from other banks amid claims it is “no longer profitable. ” Non-Fractional And Non-Profitable? As Bloomberg reports October 1, Noble, registered in Puerto Rico, is now seeking a buyer on the back of the back of lax revenues stemming from 2018’s prolonged cryptocurrency bear market.

2018-10-2 19:00	Tether
bank noble tether back deserting bitfinex unprofitable

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Mining startup dumps unprofitable users, blames it on Bitcoin price drop

Popular cloud based cryptocurrency mining service, Genesis Mining, is calling it time on lower tier Bitcoin mining contracts after claiming they’ve become a pointless endeavor. In a Genesis Mining blog post (spotted by Cryptovibes), the cloud mining firm stated that it will no longer continue to support its lower tier Bitcoin contracts.

2018-8-16 16:34	hard fork
mining bitcoin genesis around contracts tier lower

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Qiwi’s Staff Worker Mined 500k Bitcoins Using Company’s Equipment

Qiwi CEO Sergey Solonin claimed that an ex-employee of the company used the hardware of Qiwi to mine bitcoins. When the company made an attempt to continue mining, it turned out that the difficulty of this process had risen to a point that it was no longer profitable on Qiwi's computers.

2018-7-26 09:07
qiwi company bitcoins equipment worker staff mined

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Togacoin ICO

Togacoin's endeavor is to separate the mining operations from the electricity costs, as well as diversifying investments to make the business safer and more independent from any market variable. This guarantees a complete payout to the token holders: in case mining become no longer profitable, it will be gradually replaced by our other activities (hosting/housing, application design/development and electricity sales).

2018-7-21 13:21
business mining profitable togacoin energy electricity operations

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A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments

On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security.

2018-7-3 23:16	Regulation
palley securities assets cryptocurrency under sec legal

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Ether Mining no Longer Profitable as Hashrates Decline

2018-11-16 10:00

Speed Mining Service (SMS) на Currencies.ru

profitable longer → Результатов: 14

Individual ETH Mining No Longer Profitable, Analysis Suggests

2018-11-15 11:42

Solo Crypto Mining Profitably Is Declining As It’s No Longer Worth The Costs To Mine On Your Own

2018-11-15 10:29

Mining Ethereum (ETH) using GPU is no longer profitable

2018-11-15 09:48

ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop

2018-11-15 05:10

Mining Pools Rule, Individual Crypto Mining Deemed No Longer Viable

2018-11-14 16:00

Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable

2018-10-9 15:33

Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves

2018-10-9 00:43

Noble Bank no Longer Profitable, Looking for a Buyer

2018-10-4 03:00

Tether, Bitfinex Reportedly Deserting ‘Unprofitable’ Noble Bank

2018-10-2 19:00

Mining startup dumps unprofitable users, blames it on Bitcoin price drop

2018-8-16 16:34

Qiwi’s Staff Worker Mined 500k Bitcoins Using Company’s Equipment

2018-7-26 09:07

Togacoin ICO

2018-7-21 13:21

A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments

2018-7-3 23:16

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