Tag Archive: Bitcoin mining profitability

  • Is Graphics Card-based Crypto Mining at Risk of Extinction? Bitcoin, Bitcoin Price, Markets and Prices, Mining, News, News teaser

    As Crypto Winter Continues, It’s Survival of the Fittest Among Bitcoin Miners

    As the price of Bitcoin continues its steep correction in 2018, Bitcoin miners find themselves fighting over scraps. Hunger Games The price of Bitcoin has fallen roughly 70% from its all-time high of nearly $20,000 in mid-December. Early Tuesday morning, the price of one Bitcoin nearly touched $6,000, before bouncing back to $7000. While this sharp decline in price potentially signals a buying opportunity for some savvy investors looking to grab some of the dominant

    · February 6, 2018 · 9:00 pm
  • biteminer Bitcoin, Bitcoin Businesses

    BiteMiner Claims to Offer 300% Annual ROI on Cloud Mining Contracts

    BiteMiner, a cloud mining service provider, claims to offer options that help cryptocurrency miners make profits. Based in San Francisco, New York and Singapore, the company boasts state-of-the-art mining hardware that produces more than 32 GH/s, guaranteeing users an annual return on investment of 300 percent. Disclaimer: This article is sponsored by Bitcoin PR Buzz. BiteMiner Offers ‘Intelligent Platform,’ Automatically Switches Between Most Profitable Coins According to a press release, the cloud mining company is

    · October 25, 2016 · 11:00 pm
  • Bitcoin Mining profitability Bitcoin, Bitcoin Technology, Mining, News, News teaser

    Thoughts on Bitcoin Block Size Economics

    In October of 2014, Gavin Andresen sparked a community-wide debate over the future of the hard-coded, 1 MB size-cap on Bitcoin blocks. Andresen proposed a change to the Bitcoin protocol that would implement an upward-scaling block size limit, necessitating a hard-fork of the blockchain. Many people opposed this idea — mainly on economic grounds. They argued that a constantly increasing block size limit would make the supply of block-space far outstrip the demand for transactions,

    · February 2, 2015 · 8:00 am
  • Bitcoin mining hardware Bitcoin, Bitcoin Technology, Mining, News, News teaser

    Bitcoin Mining vs. Gold Mining: a Comparison

    In the ongoing discussion about Bitcoin price volatility, one theory for a rapidly falling Bitcoin price is the fact that so many coins are mined every day. Currently, Bitcoin miners produce 3600 coins daily. These miners must pay bills, such as rent and electricity, which cannot presently be paid for with Bitcoin. Therefore, large portions of Bitcoin mining profit must be converted to fiat in order to pay expenses and keep Bitcoin mining operations afloat.

    · January 20, 2015 · 8:00 am