Is bitcoin mining profitable again

Is bitcoin mining profitable again Die Erkenntnis, dass der Handel mit 30 Mar 2016 Bitcoin saw a surge in price between March 2015-2016, bringing back profitability to mining. Is it a good time to start mining again? In the old days, gold needed to be dug out of the earth which required a lot of effort. Things have not changed much since then, someone still needs to make an effort to create  bitcoin miner software linuxBefore you read further, please understand that most bitcoin users don't mine! But if you do then this Bitcoin miner is probably the best deal. Bitcoin mining for profit is very competitive and volatility in the Bitcoin price makes it difficult to realize monetary gains without also speculating on the price. Mining makes sense if you 9 Mar 2015 During my stay at Inside Bitcoins Berlin last week, I had a chance to talk to Yoshi Goto, one of the Bitmain representatives. Oddly enough, Bitmain was the only mining company on the exhibitors list for this Bitcoin conference. Yoshi told me that Bitmain is launching a new Bitcoin cloud mining contract which  I agree difficulties really matters most of the time specially these days that bitcoin has come to a very promising price outbreak. But we must be cautious at all times and be strong enough to handle stress when fluctuations occurs, and mining for 3 months is gonna be a struggle even if there's profit because 

12 Nov 2017 What if they pump again "VerCoin" so much that again is not profitable anymore to mine BTC? That would last too many days.. It's almost morning in China/Korea and in 10 hours ca. they are gonna upgrade the BCH. I know it should not be called a coup, and that BTC has already seen this milion times, but 

If the price of bitcoin skyrockets, then it is suddenly more profitable, and many more miners suddenly turn on their previously unprofitable miners to make a few bucks. This again, means the difficulty will adjust accordingly, and in a short while, things are back to what they were again. Often you can see the correlation in the 2 days ago The Boss Baby is one of the finest films of 2017, and on Tuesday it received an Oscar nomination that settles any further debate. But one man in Britain doesn't seem to be a fan. The poor guy recently described a nightmarish scenario where he was shipped a DVD of the animated masterpiece instead of the 

15 Mar 2017 GPU mining is profitable again! We talk about ethereum, analyzing profitability, and hardware for building an efficient, low-cost homemade GPU mining rig. Ethereum is at ~$32 (up 300% in the last year), with a market cap of $3 billion—about 15% of Bitcoin! Dash is at $100 (+250% over the last year, with After doing more research on the topic I discovered a lot of people don't consider GPU-based mining to be profitable because of the cost of getting a . Do you think you could give me a quick rundown on what I would need to do to start litecoin mining or link me an article that outlines it? Thanks again! m. 0.

20 Feb 2017 There are hundreds of Bitcoin alternatives out there. One term for these is Altcoins, another generic term is cryptocurrency. It's only worth investing money and time into ones that will stay in existence and grow. Just like with any investment, it's best to buy at a low price. In some cases that means buying them  24 Jan 2017 With the recent Bitcoin price recovery, it is not entirely surprising to see more people flock to bitcoin mining all of a sudden. As the price increase is making mining bitcoin more profitable once again. It is only expected that more mining power will be added to the network in the foreseeable future. However 

Bitcoin's price spike is driving an extraordinary surge in energy use

Getting Started; English; 한국어 - Siacoin wallet is now temporarily disabled in Bittrex again. 00, $0. Using WhatToMine you can check, how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin Our purpose is to help Verge Miners with an easy instructions to get started mining Verge. bitcoin mining hash rate calculator15 Aug 2015 Will Bitcoin Mining be Profitable After all the Bitcoins Have Been Mined? It is true, once all the bitcoins have been mined, transaction fees will be the sole source of income for miners. The main concern, then, is whether or not transaction fees will be enough to keep miners financially afloat. Computer-Shelf  11 Jan 2018 The once legendary camera company is getting into cryptocurrencies, and its stock is soaring.

Is bitcoin mining profitable again

Will mining ever be profitable again? : BitcoinMining - Reddit

Is bitcoin mining profitable again The fact that the mining of bitcoins is not profitable should, over time, make the existing bitcoins more valuable in the future as the stock of bitcoins will either cease to be diluted or will be diluted at a lower rate. This would theoretically cause the value of bitcoins to increase until it again became profitable to “mine” them,  what is bitcoin mining for dummies 3rd how cryptocurrency mining works qld6 Nov 2017 On one side, Zhuoer has suggested he would personally embrace alternatives to the current bitcoin structure. On the other side, he said he "[does] not care about bitcoin now; bitcoin cash is bitcoin. I earn by mining bitcoin, [selling it] and buying bitcoin cash. We mine for the most profit and buy bitcoin cash.

14 Sep 2016 The halving of the bitcoin block reward this past July has changed the profitability of new miner entries, a development that could ultimately impact bitcoin's decentralization, according to Sveinn Valfells of Flux, Ltd. and Jon Helgi Egilsson of the Faculty of Economics at the University of Iceland. In a paper  6 Sep 2017 Hi guys, A quick question, is this any good? Open-Ended Bitcoin Mining (Estimated Launch: 31 October, 2017) Bitcoin Mining Was thinking to get 40TH contract, with 23% fee and costing about 1.1 the yearly profit shoul… ethereum mining motherboard

Is bitcoin mining profitable again

Is mining using Personal Computer at home is still profitable? Anyone still mining using his/her PC as of this time? It isn't profitable again to do this. It tried before and when I got my electricity bill compared to the amount of btc mined I said hell no never again. It isn't worth the time effort or money spent. free hash cloud miningWe offer smart and strategic ways for you to invest your money through our multi-algorithm mining system. Learn about our bitcoin mining rentals here!

Bitcoin Mining Difficulty Increases by 16.64% – The Merkle. Columbia Basin Mining, LLC - Bitcoin investing is. If the value per coin does not pick up by that time, the relative profitability of mining Bitcoin will increase once the event of a loss in bitcoin mining capacity,. so bitcoin mining would be profitable again,. r become a bitcoin minerals In short, all you have to do is pay up the subscription fee and wait for your bitcoin earnings to be sent to your wallet. Sounds great, right? Many people are attracted to this model, and of course, scammers and thieves are ready to lend them a hand and relieve them of their money. Is Bitcoin Mining Profitable? This million 

Bitcoin Profitability Calculator – BTC Mining Profit Calculator. Enter your set up information in the form below. Do not enter commas, only dots for decimal separator. how to get bitcoins 16 Dec 2017 This question is asked and googled thousands of times every day, is altcoin or bitcoin mining profitable? Usually, you will get a generic answer of yes or no. Let's discuss the current state of bitcoin mining using current facts. Bitcoin Mining Basics. If you are new to cryptocurrency mining then take a quick 

Solo mining is out of the question and even pool mining requires hardware that can hardly be called consumer grade. Again, I recommend that new users stay away from mining. It is too competitive to turn a profit and the difficulty is on a steady march upward. Bitcoin mining is so difficult, even some mining companies  6 Nov 2017 Ultimately I'm still making money and I think they're about to open the Bitcoin mining contracts again, which I suggest you look into because my Bitcoin mining contract has been very profitable. My Monero contract was profitable at first because I held and Monero shot up but now I'm only making about  dogecoin mining on os x

Is the profitability of bitcoin mining related the the price of

Is bitcoin mining profitable again

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Is bitcoin mining profitable again 12 Oct 2017 Payments to us are made in Bitcoin, but we do not mine Bitcoin – as GPU-based mining rigs are not effective on the Bitcoin blockchain. Our mining rig, running the NiceHash software, cycles through algorithms that check which altcoins are profitable to mine and puts our machine to work. Our rig then mines 

Is. Bitcoin. Mining. Profitable? This million dollar question will get you many different answers. Some would encourage you to go ahead and mine, while others will When this happens, the best thing for miners to do is to hold on to their bitcoins and wait for the price to go back up again before selling their bitcoins to eager  litecoin mining basics Users of one Bitcoin mining website are learning that the hard way today as Category: Bitcoin Value. 1 day ago When 50 Cent agreed to accept bitcoin for purchases of his 2014 album, Animal Ambition, a unit of the cryptocurrency was already worth hundreds of dollars It then stabilised briefly, before plunging again. bitcoin mining hardware 50th

8 Jan 2016 With the release of the latest generations of powerful mining hardware such as the Bitmain AntMiner S7 and Avalon 6 that is available to normal miners and not only to large mining operations along with the increase of the Bitcoin price lately mining for Bitcoin has started to become profitable again. g what is mining bitcoins meaning In short, all you have to do is pay up the subscription fee and wait for your bitcoin earnings to be sent to your wallet. Sounds great, right? Many people are attracted to this model, and of course, scammers and thieves are ready to lend them a hand and relieve them of their money. Is Bitcoin Mining Profitable? This million  free bitcoin mining machine

Google search "Bitcoin mining calculator" to use one of the many good ones available. Regardless of electricity costs, mining on: computer processors or graphics cards is going to yield a very low profit. Probably not worth your time. AWS has probably been discussed before, but again will likely be far too 17 Jan 2018 The price fell for a bit as a result, then surged on again to$18,000 - when people started taking money out again and dropped the price to $15,500. After that, it soared to an all new Read More. £100 of Bitcoins in 2010 would be worth £4.3million today – but can it continue and how do you safely invest? crypto mining hire Were the mining of Bitcoins not a profitable endeavor, over time, the existing stock of Bitcoins would theoretically become more valuable in the future as the stock of Bitcoins will either cease to be diluted or will be diluted at a lower rate. This would theoretically cause the value of Bitcoins to increase until it again became  build a bitcoin mining machine Making bitcoin mining profitable. I would go for a change and talk about Bitcoin mining instead of alternate coins, like bitcoin is an intriguing hobby — but is it possible today to make money doing amount is cut in half every time 210,000 blocks are re like Bitcoin Core allows you to send 

Bitcoin mining profitability vs. hash rate - JAXenter

It focuses on X11 mining, an algorithm used by the popular Dash cryptocurrency. if u are considering buying d3 think again. profitability has gone down badly barely breaking even. thousands upon thousands hve been dumped into the market. even if profitability recovers, bitmn is It's the next Bitcoin is the inside info. 28 Aug 2017 This triggered the NDA rule and made BCH 4x harder to mine (that is, difficulty quadrupled, which is the maximum change in an NDA). This again made BCH less profitable to mine than BTC. Since BTC was once again more profitable to mine, a lot of mining pools switched back to mining BTC. As a result 17 Sep 2017 Until recently Ethereum, which is believed to be Bitcoin 2.0, specifically designed it's Ethash as Memory Hardness Algorithm to make ASIC hardware based solution impractical; subsequently, Ethash has made GPU-based mining profitable again. Also, adding to the miner incentive, the Ethereum trading  28 Mar 2014 Some argue that the network difficulty will plateau and make mining profitable again. Some argue that the price of bitcoins may triple in just a couple of years. But in reality, any speculation regarding profitability is just that, speculation. Bitcoin miners love the underlying principles of Bitcoin and what it means 

My Bitcoin farm of ASIC's has mined me plenty of btc which now I spend and hold. Who knows what Ethereum will bring me in profit, but it sure has been fun rehooking up old computers and rigs to mine it. It puts a smile on my face to be messaging with gpu mining again. No one can say if you will make 16 Apr 2017 This is why Bitmain, a China-based company developed and released a set of ASICs that are accessible to the casual miner and have a reasonable ROI, allowing common people like you and me to start mining Bitcoin once again. The company is well-known for ASIC miner models such as the Antminer 

Lend computer processing power to the blockchain (the bitcoin network's immense, decentralized ledger) and you will be rewarded with bitcoin. To contribute more data-crunching power, and earn more bitcoin, people operate racks of specialized computers known as “miners.” Whether a mining operation is profitable  30 Apr 2013 While every indicator I have points to my mining operation as being a profitable one, it's highly dependent on the value of Bitcoins. If prices drop well below $100/BTC again, the operation will make so little profit that I might as well aim those boxes at something more practical, like SETI@home. While I have 1 Jan 2016 I thought I'd touch upon the topic of Bitcoin mining, particularly the profit motives, returns, how to calculate them and what the bigger picture is all about. . logistics expenses and personnel overheads and whatever they make is usually out of date in 6 months anyway and you need to start it all again. That's how we had a few miners controlling close to 51% of Bitcoin mining earlier this year. This concentration in itself is a danger. If mining costs go higher individuals will give up mining on their own and will join a pool, which again poses a threat of consolidating 51% of mining in the hands of a few. We can see mining 

30 May 2017 Let's get right down to business. I have decided to resist the temptation of explaining what bitcoin is, it's history, and all that stuff. A few years ago I covered that in a previous article. The profitability calculations in that article are terribly out of date, but it is getting a lot of views now, which makes me uneasy. 28 Nov 2017 However, thanks to increasingly popular altcoins such as Ethereum (ETH), Zcash (ZEC) and the recently forked Bitcoin Gold (BTG), GPU mining may very well become profitable again. As their name suggests, ASIC miners are 'specifically' designed for solving the Bitcoin hashing algorithm (currently, unwitting hosts, which makes mining profitable for some at the expense of others, and simply state that Bitcoin creation, on net, is currently a losing proposition. {Editor's Note: Again, this essay was written on May 9, 2012. By early 2013, the process of mining Bitcoins had become very profitable indeed}, The fact that the  9 Jul 2015 Is it possible to look into the crystal ball of hash rates, changing equipment and ASIC technology to see the future of bitcoin mining profitability? Many estimate that the total hash rate is set to rise again as new equipment is deployed across the board and new ASIC developments are initiated, with some 

1 Aug 2017 Right now we are in the waning days of what has probably been the most profitable period of mining that the cryptocurrency space has ever known. Before I get into the Getting back on track, I got back into Bitcoin more intently again in 2011 when it was moving to GPU mining. It renewed my interest since 

Is bitcoin mining profitable again

22 Aug 2017 For the past couple of days, Bitcoin Cash (Bcash or BCH) has been more profitable to mine than Bitcoin (BTC). This dynamic probably won't hurt Bitcoin in the At this point, Bcash's difficulty is so high that Bitcoin is once again the most profitable chain to mine on. As such, after a lull of about two days, all 

Using WhatToMine you can check, how profitable it is to mine selected altcoins in comparison to ethereum or bitcoin. the rest is profit. Thanks so much again for your input and yes I looked into Genesis mining but wasn't interested in working with them (but they do have a nice setup As a comparison I have a 5TH bitcoin contract with Genesis and I get about .0014 BTC/day which is currently between $1.50-$1.75 per day. It is a lifetime  Minor mining performance improvements. Bitcoin Miner 1.39.0 - Next payout date is now shown when default pool payout requirements are met. Bitcoin Miner 1.28.0 - Fix bug where Custom Pool Proof-of-Work would always default to SHA-256d. Bitcoin Miner 1.27.0 - Mining engine profitability improvements. - Added  hashes, the main operation involved in Bitcoin mining. FPGAs and ASICs are both expensive dedicated hardware that most participants in the network would not own outside of the purpose of Bitcoin mining. The resulting hashrate increase made GPU mining irrelevant, again raising the threshold for profitable participation 

4 Jan 2018 Bitcoin mining has been really profitable, as in >$800 per month in December profitable, before costs. Disregarding your costs to Again, this assumes no change in the price of Bitcoin which may not be a realistic expectation if there are 500,000 new units on the market each month. Sure, much of that will 7 Dec 2017 Building an Ethereum mining rig hasn't been worth it for months, and soon they will be completely obsolete.

18 Oct 2017 I bought stock in HIVE when it was private, then again in the first week under $1. I have also bought into a private miner about to go public in January – DMG Blockchain (). DMG has executives from Bitfury (the world's 2nd largest bitcoin mining and blockchain company), Cisco  I agree difficulties really matters most of the time specially these days that bitcoin has come to a very promising price outbreak. But we must be cautious at all times and be strong enough to handle stress when fluctuations occurs, and mining for 3 months is gonna be a struggle even if there's profit because 

Is bitcoin mining profitable again