Bitcoin Miners Now On The Verge Of Losing Money

alanazhary (58)in #bitcoin • 7 years ago

In 2015 break even was $200-300 bit price and home computers could be used. Now the algo is so complex it takes heavy computing and electricity.

Bitcoins only worth is as a non transaction currency but then commodities would seem a better bet. But Ive underestimated the stupidity of humans my whole life - and mine at time .

Source ::

https://www.zerohedge.com/news/2018-03-16/bitcoin-miners-now-verge-losing-money

#crypto-news #cryptocurrency #blog #beyondbitcoin

7 years ago in #bitcoin by alanazhary (58)

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idestroy (49) 7 years ago

@alanazhary it is 2 or 2 choice minner or commerce.
IGood post. I voted you.

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1 vote

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gvincentjosephm (59) 7 years ago

This is why I prefer trading than mining.

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hamidkesfahani (33) 7 years ago

Price is coming up soon

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crypto3em3 (45) 7 years ago

Seems like Proof of stake, is beginning to take over to

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