Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC ...
Is Cryptocurrency Mining Dead? Trading Education
NiceHash - buy & sell hashing power
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CoinSolver -- Profit Switching Scrypt Pool w/Nightly Bonus
CoinSovler is a new auto-switching scrypt coin mining pool that pays out directly in BitCoin. We're still in Beta, so suggestions and feedback are most welcome, and we have many features in the works. We intend for it to be dead simple to use, highly profitable and very transparent about the mining information.
I'm new to the mining game. I have a Machine Learning rig at work that for a couple months wont be used (4x 1080ti). I had some BSOD issues early on, but finally got it going with nicehash and I was surprised that I was only averaging $5 a day. When I was setting things up, I saw in past videos people were getting $42/day, then $15/day ... now just a couple dollars a day? Since I'm new, I don't have the experience to know if this is a fluke with using nicehash, or a general trend in the field. It seems like bitcoin popped back up to 10k, but the payouts are still dirt slim. Is there a reason for this?
Hey guys, so I recently just got into bitcoin mining and am mining from my pc at home on my nvidia gtx 1070. Yields about 2.77 dollars a day at 337 mhz by the looks of it, unless I'm reading the program wrong. I have seen that people see it's not worth mining anymore when in my head it sure as he'll is...if I use a raspberry pi with a 10 Port USB expander and I plug those USB block eruptors in running at about 8ghz each, which are at about 0.34 dollars a day maybe more.... that's about 6 dollars a day. That's about 42 dollars a week .. so on so forth...im from South Africa and the currency is 13.80 rand to 1 dollar so a month that's about 2300 rand a month. I could probably buy groceries for a month for my girlfriend and myself with That To give you perspective. Now if I have 4 of those farms it goes up quote a bit. I cant Imagine it using much more power than it currently is because my raspberry pi at the moment and my desktop computer are on 24/7. Am I misunderstanding the concept or am I being too optimistic or why do people say that it's not worth it anymore? Really appreciate the help guys...i actually haven't stopped thinking about this as a 3rd income.
I use to mine a little bit back in 2013 but I kinda stopped cause I didnt want my computer overheating constantly. But lately I've taken interest in investing and bitcoin (should've done this way sooner). I'm thinking about setting up a mining rig in my basement. Is this pointless or do people still mine bitcoin?
BITCOIN MINING DEAD ? | What happens to Bitcoin Contracts? August 1st comming in hot!
Yo whats up Steem! Following the Cryptomining community for a long time now. I'm so pumped that I recieved my missing payouts from Genesis Mining, they also published a Q&A about the future of the Sha256 Contract, how the fork will affect the mining process. I walk you through my personal thoughts about the past couple of days and what the future will bring. Please give me your personal opinion about my thoughts, and feel free to comment! https://youtu.be/tQvAjI2L0Ts If you guys want a 3% discount there is a code for you "bNaXIM"
Bitcoin Mining Dead - Thus Enter Era of Bitcoin Volatility
The practicality of the average smart guy being able to get ANYWHERE with Bitcoin Mining is relatively low right now. I think therefore that we're entering an era of Bitcoin volatility. This is because the only way to get Bitcoins reasonably now is either by sale of goods and services, or in buy/sell strategies in the market. Well, since not enough people and businesses are using Bitcoin, really the only reasonable way to get Bitcoins is by buy/sell strategies. And man, are they! Check out btc-e.com and you'll see how many trades are occurring per month! The only way that buy/sell strategies work is by playing with the price up and down, and arbitrage (the latency game between multiple exchanges). And this causes volatility, I believe. But that's just my opinion. I'm no economist. Thoughts?
Bitcoin Mining Death Spiral / Halving Narrative Dead
This article was posted today: https://messari.io/article/a-bitcoin-halving-black-swan Author suggests there could be a Bitcoin mining death spiral and how the halving narrative is dead. Wondered what everyone’s thoughts on this was? He makes a pretty compelling argument, and I’ve been a believer of Plan B’s S2F model, but this article kind of puts a damper on it. Would appreciate detailed responses as my newbie friends asked me about this article as well and I didn’t have any good answers for them. Thanks in advance!
What happens if in the future the miners join forces so that the mining reward does not decrease by half every 4 years? if the miners win this battle (2x) decentralization is over, bitcoin as a project is dead
According to experienced miners, nowadays you can get rich by mining Bitcoins only if you invest in really powerful equipment and know how to save money on energy bills. However, as a whole, Bitcoin mining at home is dead. The competition in 2017 is more fierce than ever before. The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to ... Apparently, Bitcoin is dead. That is what the world’s media have been telling us for as long as the crypto has been alive. In fact, the number of “Bitcoin is dead” articles is over 250, and counting. The doomsayers have been wrong time and again. Cryptocurrency mining includes two functions, namely: adding transactions to the blockchain (securing and verifying) and also releasing new currency. Individual blocks added by miners should contain a proof-of-work or PoW. Bitcoin mining case study. Let’s take Bitcoin as an example, for a second. The block reward is basically how new Bitcoin ... Im completely new to Bitcoin and mining in general and want to start (kind of late i guess). Ive seen alot of posts here saying that mining is dead and it doesnt get you any profit...
Thanks for watching! For donations: Bitcoin - 1CpGMM8Ag8gNYL3FffusVqEBUvHyYenTP8 In 2014, before Ethereum and altcoin mania, before ICOs and concerns about Tether and Facebook's Libra, Motherboard gained access to a massive and secretive ... Is mining Bitcoin BTC still profitable in 2020? Let's review mining profitability, Bitcoin, Bitcoin Cash, and Bitcoin SV. Block reward halving, network diffi... Is GPU Mining Still Profitable? Should YOU Build a Crypto Mining Rig? GPU Mining DEAD?! - Duration: 14:34. VoskCoin 64,531 views This is the END of Bitcoin Mining Follow Up Video. Since Crypto Mining is DEAD I've decided to sell all my equipment on eBay. GOODBYE, my little mining babies 😭😭😭.