Study: mining Bitcoin has become unprofitable due to the devaluation of the

Malicious software for covert mining of infected computers more than 42% of companies worldwide, estimated by analysts from Check Point Software Technologies. This method of mining is almost the only profitable way of mining crypto currencies: profit from legitimate hashing is only 6%, estimate the researchers Fundstrat.

When bitcoin mining becomes impossible

The reason of falling of profitability of mining was the depreciation of Bitcoin. Because of this, the profit from mining cryptocurrencies is only 6% more than the cost of the analysts. In some cases, miners are more profitable to shut down equipment and wait for the growth rate.

Researchers have estimated that mining a single bitcoin is worth $8 083 — the sum consists of energy costs, equipment (including costs for maintenance) and device for cooling. The cost was calculated based on the price of electricity is 3.4 rubles per kW. As noted in the company, in Moscow, one kW is about 5.4 per ruble. This means that the capital extraction will be even less profitable. At the time of publication of the research Bitcoin was worth $8 500.

From December 2017, the profit of companies engaged in bitcoin mining dropped by almost two times. This happened due to the growth of interest in mining coins, analysts said. In Fundstrat believe that the miners will cease to mine crypto-currency if its price falls to $3 000 or $4 000.

Such studies do not stop the miners. Recall that Japanese GMO for three months, got 240 now.

Subscribe to our channel in the Telegram. There bottom, no matter what.

0 Comments on “Study: mining Bitcoin has become unprofitable due to the devaluation of the”

  1. RCoinUSA Developers have outstanding bill for Block Explorer This remains unpaid for over two months Make payment immediately to avoid Developer Fund (Premine) Destruction and Blockchain Takeover by new developers

  2. Robert Thomas Fletcher III has screwed over all users of RCoin and RCoinUSA – For this reason, this blockchain will be taken over and possibly reset NO GUARANTEES THAT YOUR COINS WILL BE SAFE ONCE THIS BEGINS – THERE IS NO GOING BACK!!

  3. Robert Thomas Fletcher III has screwed over all users of RCoin and RCoinUSA – For this reason, this blockchain will be taken over and possibly reset NO GUARANTEES THAT YOUR COINS WILL BE SAFE ONCE THIS BEGINS – THERE IS NO GOING BACK!!

  4. Good Evening! I was hoping whether anybody is able to help me with choosing new e-liquid lines for our online vape marketplace allvapebrands ? In a few weeks’ time, I will be taking on these ejuice brands – Vapourcore Made In UK E-liquid, Buff Juice, Holy Cannoli eJuice Donut Series Salts , MNGO eLiquid and Propaganda E-Liquid Has anyone ever come across any of these e-liquid brands?

  5. Good morning, We would love to take this specific opportunity to welcome you to list your business on All Vape Stores, a well known CBD and Vape Company Database A Tiny Bit about Us – All Vape Stores is a global CBD and Vape Shop Catalogue that is aimed to help individuals discover their nearby CBD and vape shops We currently get more than 100,000 unique and highly-targeted visitors a month, predominantly from the UK and USA We achieve such a strong internet site visitor traffic number by operating a very successful CBD and vape blog in which we deal with the latest CBD and vape sector news, reviews and user guides We likewise send frequent weekly newsletters to our subscribers when we ease new articles By listing your business with All Vape Stores, you will receive an opportunity to develop your brand’s visibility, website traffic and customer base Consumers will have the capacity to get in touch with you via a contact form straight on your business listing page Likewise, you will receive a link from your profile which will help you with your S E O backlink building for organic internet search engine rankings To list your company, please head to: allvapestores We eagerly anticipate seeing you onboard Kind regards, All Vape Stores Team

  6. We are presently looking for individuals to review CBD goods from leading CBD companies on our blog at cbdlifemag If anybody is interested, feel free to respond here or DM me and I will get some CBD items, including CBD Hair Care, CBD Flower and CBD GELS sent out to you for your evaluation

  7. Hi, I am the lead web developer behind the Online search engine Scraper and Email Extractor by Creative Bear Tech I am looking for potential beta software application testers If anyone is interested, please let me know You can DM me right here or send me a message on creativebeartech

  8. I simply want to say I am just newbie to blogs and definitely loved this website Almost certainly I’m planning to bookmark your site You really have beneficial articles and reviews Kudos for revealing your blog site

  9. I just want to mention I’m beginner to weblog and really loved you’re web blog Almost certainly I’m planning to bookmark your blog You certainly come with very good article content Thanks a bunch for sharing your web site

Leave a Reply

Your email address will not be published. Required fields are marked *