Profitability

Auto Added by WPeMatico

Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life

by

The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate has followed suit. Today’s top bitcoin mining rig … Read more

How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste

by

We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy waste. … Read more

Mining Profitability: Bitcoin vs Bitcoin Cash vs Bitcoin Cash SV

by

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. Bitcoin’s recent drop has caused an interesting shift in terms of SHA-256 profitability, although it seems evident these figures will continue to … Read more