2021-2-6 13:13 |
Regardless of Bitcoin’s price or future economic scenarios, Bitcoin mining will be a profitable activity.
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Even though it fell to its 18-month lowest, Bitcoin (BTC) is still at least 73% more profitable than major investment products like S&P 500, gold, Dow Jones, and PIMCO active bond ETF, according to Saifedean Ammous, author of The Bitcoin Standard.
2022-6-15 17:30 | |
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If you’ve been on Crypto Twitter, you know of AngeloBTC, what some would call a “legendary” Bitcoin investor. Indeed, prior to his effective retirement, he had over 3,000 BTC worth of registered notional profit on BitMEX, making him one of the most profitable traders on the platform. Ever. While he has since bowed out of...
2020-3-14 02:27 | |
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Bitmain S9 is still profitable at current Bitcoin prices despite being launched in November 2017
2019-9-10 19:14 | |
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After the dreadful lows this year, Bitcoin mining is finally starting to look profitable again.
2019-4-23 11:16 | |
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There has been a slew of bitcoin mining rigs announced during the last 12 months that claim to process more terahash per second while consuming less energy. However, with cryptocurrency prices so low, lots of newly launched machines are not profitable and many of them haven’t even shipped yet.
2018-12-11 01:50 | |
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CoinSpeaker Bitcoin Mining is Still Almost 50% More Profitable to Miners than Bitcoin SV Bitcoin Cash price is under a lot of pressure after it broke the $150 support against the US Dollar.
2018-12-6 13:22 | |
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The mining profitability of Bitcoin and its major “clones” has been a topic of debate for some time now. While it was evident Bitcoin would be the most profitable currency to mine for the longest time, that is not necessarily the case any longer.
2018-11-27 15:12 | |
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In the world of cryptocurrency mining, profitability is often very difficult to achieve. Not just because it is so difficult to find anything profitable to mine, but also because of the falling prices.
2018-11-25 19:00 | |
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A businessman from Chandigarh, India, has lost approximately $1. 4 million in a fraud masked as a potentially profitable bitcoin investment, reported The Times of India on November 22, 2018. During the police investigation, four people in total were arrested, one potentially being the key figure in the fraud and the other three his accomplices.
2018-11-24 20:00 | |
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Bitcoin miners learned the hard way that Bitcoin mining is still a Wild West after Bitcoin’s price tanked to a new 13-month low last week. According to data from CoinMarketCap, Bitcoin’s price is now below $4,300, a far cry from its peak value of almost $20,000 in December last year.
2018-11-23 16:14 | |
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While some of the ongoing rumours can neither be confirmed or denied, it is being reported all over the internet that the recent drop in Bitcoin’s native hashrate has forced a large number of crypto mining rigs within China to be turned off— primarily because this business avenue no longer seems to be profitable. According […]
2018-11-23 03:35 | |
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Back in the days of the Wild West, gold prices would dictate the profitability of prospecting and mining. Around 150 years later not much has changed with regards to the economics of mining, however the commodity is a little different now.
2018-11-22 16:00 | |
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Cryptocurrency markets have continued to see significant losses, with BCH, BTC, and ETH posting new lows for 2018. Despite also losing fiat value, XRP’s gains when priced in BTC have extended its dominance over ETH.
2018-11-21 21:30 | |
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The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan.
2018-11-21 20:00 | |
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In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan Wu has accused Craig Wright of […] The post ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs appeared first on Bitcoin News.
2018-11-21 19:15 | |
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When it comes to mining various cryptocurrencies, there are many different factors to take into account. If it is not profitable to mine a currency at a specific moment, one’s best option is to either turn off the unit or mine something else.
2018-11-21 09:17 | |
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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.
2018-11-16 10:00 | |
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“Go for the Jugular” is the advice George Soros gave to his team during his famous attack on the British pound for a profit of $1 billion on so-called Black Wednesday in 1992.
2018-11-15 18:50 | |
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Three Craig Wright affiliated mining pools have reached 60% of the Bitcoin Cash hashrate, making BTC mining some 30% more profitable at the time of writing according to data by... The post Craig Wright Pools Gain 60% of the Bitcoin Cash Hashrate appeared first on Trustnodes.
2018-11-12 16:03 | |
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What Is BitChoko? BitChoko is an investment project that focuses on high-quality asset management based on foreign exchange and profitable bitcoin trading. The platform guarantees its investors up to 15% daily Bitcoin profits.
2018-11-4 08:05 | |
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In investing, what is comfortable is rarely profitable and several findings support this popular claim. Back in 2014, a study The Digital Dividend-First Mover Advantage, published by Harvard Business Review Analytic Services and sponsored by Verizon Enterprise Solutions, found that early adopters of technology—in finance or otherwise, are more likely to experience better business outcomes in.
2018-10-31 15:00 | |
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Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post.
2018-10-31 20:51 | |
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Coinbase achieved staggering annual revenue results during 2017 largely due to Bitcoin’s bull run and cryptocurrency catching the attention of the mainstream public for the first time. However, the 2018 bear market may end up being even more profitable for the cryptocurrency giant.
2018-10-30 20:00 | |
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Tom Lee, CEO of Fundstrat, and one of the most popular analysts in the community of crypto users and traders is having a heavy media presence this week due to his strong bullish position on Bitcoin (BTC) despite its current price behavior.
2018-10-26 19:13 | |
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Nuvoo, the largest crypto ecosystem mining company in Canada, is now taking giant strides towards emerging as the world’s leading platform for convenient and profitable cryptocurrency mining. The company has just released a new bitcoin contract that will completely change the game for the industry, with a month-to-month concept based on a 24-month payment for […] The post Canadian Cloud Mining Powerhouse Nuvoo Revolutionizes Cloud Mining Industry with a Month-to-Month Contract and 50% Cheaper Rates! appeared first on Ethereum World News.
2018-10-19 02:10 | |
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Nuvoo, the largest cryptocurrency mining company in Canada, is now taking giant strides towards emerging as the world’s leading platform for convenient and profitable cryptocurrency mining. The company has just released a new Bitcoin contract that will completely change the game for the industry, with a month-to-month concept based on a 24-month payment for an …
2018-10-25 13:36 | |
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Nuvoo, the largest crypto ecosystem mining company in Canada, is now taking giant strides towards emerging as the world’s leading platform for convenient and profitable cryptocurrency mining. The company has just released a new bitcoin contract that will completely change the game for the industry, with a month-to-month concept based on a 24-month payment for […] The post Canadian Cloud Mining Powerhouse Nuvoo Revolutionizes Cloud Mining Industry with a Month-to-Month Contract and 50% Cheaper Rates! appeared first on NullTX.
2018-10-17 00:25 | |
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Nuvoo, the largest crypto ecosystem mining company in Canada, is now taking giant strides towards emerging as the world’s leading platform for convenient and profitable cryptocurrency mining. The company has just released a new bitcoin contract that will completely change the game for the industry, with a month-to-month concept based on a 24-month payment for […] The post Cloud Mining Company Nuvoo transforms the Cloud Mining Industry with a Month-to-Month Contract and 50% Cheaper Rates! appeared first on ZyCrypto.
2018-10-17 22:17 | |
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Ethereum Classic (ETC) is highly likely to trade north of $100 by end of the year. This does not require a very bullish Bitcoin (BTC). In fact, if Bitcoin (BTC) trades around $10,000, that would do the job for Ethereum Classic (ETC).
2018-10-12 17:30 | |
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Weekly crypto outlet Diar’s new report is proving to be disappointing for the crypto community. The Oct. 8 report suggests that Bitcoin miners are now seeing fewer profits. It contradicts the fact that Bitcoin miners’ revenues for the first half of 2018 have already gone past the 2017 numbers.
2018-10-11 17:49 | |
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What Is 21coinworld? 21CoinWorld is a decentralized platform that provides mining solutions for various cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Monero. The platform promises to explore the market on behalf of its users and find the most profitable cryptocurrency to mine.
2018-10-11 12:28 | |
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Is it Currently Worth to Mine Litecoin (LTC)? Cryptocurrency mining activities have been very profitable in different occasions. Users were able to earn extra income and at the same time make the network more secure.
2018-10-10 21:20 | |
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Theoretically, cryptocurrencies as Bitcoin or Bitcoin Cash for example are meant to be decentralized in line with the dictates of blockchain. But, apparently, this has not been the case. Decentralization in crypto is a myth.
2018-10-10 12:16 | |
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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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What Is FlyMining? FLYMINING is a cloud-mining farm that is completely eco-friendly and offers cloud-mining facilities in a clean and transparent manner. The farm consists of three 20ft. containers that have more than five hundred and forty mining machines, which provide a total hash power of almost seven Petahashes per second—the fastest so far. The FLYMINING […]
2018-10-9 09:01 | |
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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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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 | |
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There are some critical differences between Ethereum vs. Bitcoin mining, which originate from the fact that these two cryptocurrencies developed with very different purposes in mind. At first glance, it… The post Ethereum Mining vs.
2018-10-5 20:50 | |
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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 | |
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Cryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some cases it can still be profitable to mint coins as an amateur miner, probably the most honest way to earn some digital cash.
2018-10-1 03:10 | |
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HashPlanet is a cloud-mining platform that aims at providing cryptocurrency miners with reliable and low cost Bitcoin mining solutions. The platform utilizes technologically advanced Antminer equipment to mine Bitcoin 24/7.
2018-9-21 18:56 | |
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When Bitcoin launched in 2009, it became the world’s first cryptocurrency. By utilizing miners that contribute their excess computation power to validate a movement of funds, it allows the network to remain decentralized.
2018-9-19 22:03 | |
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There are two types of Bitcoin investors out there. The optimistic ones who hold because they know that Bitcoin is not going to fail them in the end, and those against it. There’s no need for uncertainty anymore: the numbers are in.
2018-9-14 19:00 | |
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As an emerging cog in the global digital economy, cloud mining offers a tool for enthusiasts to mine cryptocurrencies such as bitcoin without having to acquire hardware or other oft-required elements.
2018-9-11 16:09 | |
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According to BitMEX Research, a group of analysts at major Bitcoin exchange BitMEX, Bitmain has been intentionally lowering the profit margin of its core business prior to its initial public offering (IPO).
2018-9-3 10:00 | |
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Many of us are familiar with the term “DApp,” which stands for “decentralized application. ”Foundationally, a DApp is an application that runs using blockchain technology on a decentralized network of computers instead of on a central database.
2018-9-4 21:43 | |
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As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.
2018-8-22 22:53 | |
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The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining.
2018-8-19 01:00 | |
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Genesis Mining Crypto Cloud Provider Drops Unprofitable Clients As Bitcoin Price Declines, Moves to Radiant Tech Genesis Mining, a popular cloud-based cryptocurrency mining service, is giving up on its low tier Bitcoin mining contracts.
2018-8-17 02:07 | |
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Explore key Bitcoin metrics like the Puell Multiple and MVRV Z-Score to understand this cycle’s progress, anticipate price peaks, and prepare for Bitcoin’s potential path toward $200K.
Bitcoin’s price is influenced by a mix of factors, including supply and demand dynamics, mining costs, regulatory developments, market sentiment and more.
Asset management firm, Alliance Bernstein, tells investors to “buy everything you can” as analysts expect major altcoins to outperform Bitcoin over the next 12 months. This comes as Bitcoin broke the $82,000 level.
Discover key insights, expert analysis, and bullish Bitcoin price forecasts featured in the October 2024 edition of The Bitcoin Report.
Diminishing Returns: Is Bitcoin's Cooling-Off Period a Precursor to New Highs?
Analyzing previous crypto market cycles helps us understand the current one, says Kelly Ye, head of research at Decentral Park Capital.
Bitcoin's price spiked past $63,000 over the weekend after an assassination attempt on Donald Trump boosted odds of his election victory.