Bitcoin Mining Profitability Plummets to $0.07 per T/Hash
If you’ve had your fill of bad news lately, look away now. Bitcoin mining profitability just hit $0.07 per T/Hash. That’s the lowest it’s ever been. Bitcoin Mining...
HashFlare Shuts Down Bitcoin Mining Services, Users Struggle to Withdraw Funds
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...
Price Will Catch Up to Bitcoin’s Record Hashrate By Q3: Analyst
Despite the steady decline in Bitcoin prices, the network hashrate continues to increase astronomically. Why are miners contributing more computing power to mine a cryptocurrency that...
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...
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...
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...
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...