Is Bitcoin mining still profitable in 2020? - Decrypt

Megacoin Mining

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Bitcoin's hashrate climbed to an all-time high(ATH)this week touching 166 exahash per 2nd(EH/s)on October 14. Despite the current price rise and also hashrate ATH on Wednesday, just a tiny group of next-generation mining rigs are profiting at present bitcoin exchange prices.

Bitcoin's hashrate climbed to an all-time high(ATH)this week touching 166 exahash per 2nd(EH/s)on October 14. Despite the current price rise and also hashrate ATH on Wednesday, just a tiny group of next-generation mining rigs are profiting at present bitcoin exchange prices. submitted by djpearson to CryptoCurrency [link] [comments]

Bitcoin Mining Rigs Struggle for Profits, Despite BTCs Hashrate Reaching an All-Time High (current BTC/USD price is $11,534.50)

Latest Bitcoin News:
Bitcoin Mining Rigs Struggle for Profits, Despite BTCs Hashrate Reaching an All-Time High
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Bitcoin Mining Profitability Declines Despite Increase in Revenue (current BTC/USD price is $6652.73695514)

Latest Bitcoin News:
Bitcoin Mining Profitability Declines Despite Increase in Revenue
Other Related Bitcoin Topics:
Bitcoin Price | Blockchain | ICOs
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

Research shows mining meme coin DOGE is more profitable than Bitcoin Cash and others (current BTC/USD price is $9,384.79)

Latest Bitcoin News:
Research shows mining meme coin DOGE is more profitable than Bitcoin Cash and others
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Bitcoin Cash is significantly more profitable to mine currently.

Bitcoin Cash is significantly more profitable to mine currently. submitted by MemoryDealers to btc [link] [comments]

It's currently 90% more profitable to mine bitcoin than BCH. How long can BCH miners mine at a loss? Answers below please.

submitted by 2020ftp to btc [link] [comments]

MicroBT and Bitmains latest bitcoin mining machines are most profitable now after halving (current BTC/USD price is $9,774.28)

Latest Bitcoin News:
MicroBT and Bitmains latest bitcoin mining machines are most profitable now after halving
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

current-short-term profitability (mining) /r/Bitcoin

current-short-term profitability (mining) /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is Mining Bitcoin Still Profitable in 2020? Examining current profits, network difficulty, and more!

Is Mining Bitcoin Still Profitable in 2020? Examining current profits, network difficulty, and more! submitted by VoskCoin to Bitcoin [link] [comments]

It is currently... 121.20% more profitable to mine on the Bitcoin (BTC) chain

It is currently... 121.20% more profitable to mine on the Bitcoin (BTC) chain submitted by Leithm to btc [link] [comments]

It is currently 1.10% more profitable to mine on the Bitcoin Cash blockchain. Important milestone reached.

It is currently 1.10% more profitable to mine on the Bitcoin Cash blockchain. Important milestone reached. submitted by MagmaHindenburg to btc [link] [comments]

It is currently... 44.90% more profitable to mine on the Bitcoin SV blockchain (than BTC).

It is currently... 44.90% more profitable to mine on the Bitcoin SV blockchain (than BTC). submitted by selectxxyba to bitcoincashSV [link] [comments]

It is currently 28.1% more profitable to mine on the Bitcoin Cash blockchain.

Bad timing for segwit
submitted by rawb0t to btc [link] [comments]

It is currently 119% more profitable to mine on the Bitcoin Cash blockchain.

Hey. Hey guys. You think Corestream is shitting themselves?
submitted by rawb0t to btc [link] [comments]

The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty. It is currently 26% more profitable to mine on the original chain

https://cash.coin.dance/blocks
submitted by dd32x to btc [link] [comments]

"It's currently 2.9% more profitable to mine on the **Bitcoin Cash** blockchain" :-)

submitted by moleccc to btc [link] [comments]

It is currently 2% more profitable to mine on the Bitcoin Cash blockchain.

submitted by BitcoinPrepper to btc [link] [comments]

A friend of mine put bitcoin mining software on a CubeSat that's currently in low earth orbit. He's technically the first human to mine space for profit.

He said they had extra resources on a CubeSat and thought it would be amusing. I don't think anyone is getting rich on this however. Just thought it was interesting.
submitted by bent_my_wookie to Bitcoin [link] [comments]

How many devices does a miner need currently to be profitable in mining Bitcoin ? Any known estimations?

Hi people,
I would be really grateful if someone pointed me to a link (or directly knew the answer) where I can research further the question how much computers(or ASICS) does a mining-farm need at MINIMUM for BItcoin , to comfortably be able to produce regular blocks and be profitable (after all electricity costs etc. )?

I know electricity costs differ by region, but just approximately-> the question I would love to grasp is: How many computers or "mining devices" (what type of devices-GPUs, or ASICS, etc.?) should a mining-farm include to have realistic chances to be profitable?

100 Computers/devices? 100,000 devices? I just dont have any feeling for the magnitude we are dealing with.

Thank you very much for any insights and hints !
submitted by celentano1234 to Bitcoin [link] [comments]

Bitcoin Cash (BCH) is currently 15% more profitable to mine than Bitcoin Core (BTC)

Bitcoin Cash (BCH) is currently 15% more profitable to mine than Bitcoin Core (BTC) submitted by Egon_1 to btc [link] [comments]

Invest with us today and make profit 24 hours a day. Currently Blockchain offers cloud mining services to specific investors, this process is very simple and transparent. /r/Bitcoin

Invest with us today and make profit 24 hours a day. Currently Blockchain offers cloud mining services to specific investors, this process is very simple and transparent. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

04-15 06:53 - 'Invest with us today and make profit 24 hours a day. Currently Blockchain offers cloud mining services to specific investors, this process is very simple and transparent.' (i.redd.it) by /u/sarah-abdul removed from /r/Bitcoin within 29-39min

Invest with us today and make profit 24 hours a day. Currently Blockchain offers cloud mining services to specific investors, this process is very simple and transparent.
Go1dfish undelete link
unreddit undelete link
Author: sarah-abdul
submitted by removalbot to removalbot [link] [comments]

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Bitcoin mining profitability depends on several factors. The best way to stay on top of the difficulty curve and maximize the odds of achieving profitability is by acquiring the latest, most efficient mining hardware at a fair price. Those looking to turn a profit by investing in new mining hardware will need to consider the price and shipping cost (and any potential delays), import taxes, and ... Cryptocurrency Mining Profitability Results The following list of cryptocurrencies are being compared to Bitcoin mining to determine if a cryptocurrency is more profitable to mine than mining Bitcoin. The cryptocurrency profitability information displayed is based on a statistical calculation using the hash rate values entered and does not account for difficulty and exchange rate fluctuations ... Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020. QUICK TIP. Unless you have access to very cheap electricity, and modern mining hardware then mining isn’t ... Mining a specific cryptocurrency (i.e. Zec) can be more profitable than mining another currency, i.e Bitcoin. Thus a key question for miners is: what is a good cryptocurrency to mine currently.The cryptocurrency profitability depends on a lot of factors, such as equipment cost, your hardware hash rate, power consumption, and the current Bitcoin price (or, for altcoin mining, the current price ... Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware.

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Future PROFITABILITY of CRYPTO MINING Explained!

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