Search
Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life
30.8.2021
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...
Bitcoin Mining Profitability Jumps, Hashrate Starts Picking Up Too
8.7.2021
In the midst of China's crackdown on its miners, and following a historic drop in mining difficulty, Bitcoin (BTC) miners are now seeing much higher profitability. Also, there's a noticeable rise in hashrate and a drop in block time.
Bitcoin mining profitability (7-day moving average) jumped...
Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
7.7.2021
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. The Efficiency of Fintech As a report carried by local media explains, this threat from fintech...
Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating
4.7.2021
Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the short term. This would be the effect of the bitcoin mining crackdown in China. Since the crackdown happened, a significant portion of hashrate stemming from the Bitcoin network disappeared. Ousted miners...
BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021
23.5.2021
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines....
‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever
27.10.2020
ASIC financing has driven Bitcoin's hashrate to all time highs in 2020. By consequence, Bitcoin is less proftiable to mine than ever
40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset
26.10.2020
News of the discovery of approximately 40 million troy ounces of gold in Russia’s Siberian region is likely to boost the profitability of the country’s biggest gold producer, while adding to the supply of the “scarce” resource. Reports say the Polyus owned the Sukhoi...
Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider
13.10.2020
The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana
Daily Profitability for Ethereum Miners Hits Over 2-Year High
13.8.2020
The surge in profitability comes after rises in transaction fees and prices of the ether cryptocurrency
Cryptocurrency Mining Profitability in 2020: Is It Possible?
9.8.2020
In the emerging global crypto economy, crypto mining is probably going to remain and even become more profitable in the upcoming years
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline
9.4.2020
Bitcoin Cash sees its first halving since the hard fork from BTC dented by hash rate decline due to miner exodus — but proponents remain upbeat
Bitcoin Cash Undergoes ‘Halving’ Event, Casting Shadow on Miner Profitability
8.4.2020
Bitcoin Cash, the blockchain network that forked off Bitcoin in 2017, has just reduced its mining rewards by half, causing lots of miners to have nearly zero gross margin
Transaction Speed and Profitability Are Linked in Crypto
16.3.2020
To gain profits in the crypto space, transaction speeds remain one of the most important characteristics for the industry
Merged Mining on Bitcoin: Expanding Bitcoin’s Capabilities [with RSK Sidechain]
5.11.2019
What is merged mining on Bitcoin?  Simply put, merged mining is a mechanism that allows different cryptocurrencies that use the same algorithm, to be mined together. When analyzing the study on the profitability of bitcoin merged mined blockchains, we found […]
The post Merged Mining...
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
22.7.2019
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...