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Bitcoin BTC mining
Bitcoin News
Bitcoin BTC mining
Bitcoin News

Will Bitcoin Halving Call for Short-term Bears? Hashrate Back to 100 Eh/s

During the ‘Black Thursday’ crash in Bitcoin, the price dropped by 50% effectively replicating post halving rewards. The fear of a pullback to the lows again saw considerable capitulation among miners. The lows in the Hash rate was 81 EH/s. While recovery in hash rate was seen in April, the total hash rate is back

Nivesh Rustgi May 1, 2020

During the ‘Black Thursday’ crash in Bitcoin, the price dropped by 50% effectively replicating post halving rewards. The fear of a pullback to the lows again saw considerable capitulation among miners. The lows in the Hash rate was 81 EH/s. While recovery in hash rate was seen in April, the total hash rate is back

Bitcoin mining
Bitcoin News
Bitcoin mining
Bitcoin News

What is Lowest Break-even Cost for Bitcoin Mining? Here’s Where S17 Miners Stand

With less than 50 days to halving, the miners are likely losing confidence in profitable operations in 2020. As recently reported on CoinGape, the S9 miners are now becoming less and less cost effective to the point of large-scale shutdowns. While the new age 7 nm chips powered S17 miners are profitable for now, the prospects

Nivesh Rustgi March 25, 2020

With less than 50 days to halving, the miners are likely losing confidence in profitable operations in 2020. As recently reported on CoinGape, the S9 miners are now becoming less and less cost effective to the point of large-scale shutdowns. While the new age 7 nm chips powered S17 miners are profitable for now, the prospects

litecoin mining
Altcoin News
litecoin mining
Altcoin News

Is Litecoin Mining Profitable for an ‘Average Miner’?

The discussion on Litecoin [LTC] mining power has been of paramount importance because of the reduction of rewards to the miners. Litecoin [LTC] halving occurred on 5th August 2019. Around two weeks after the halving the mining power has reduced by about 30%, increasing the block time for Litecoin. For a given network characteristic (‘difficulty’

Nivesh Rustgi August 24, 2019

The discussion on Litecoin [LTC] mining power has been of paramount importance because of the reduction of rewards to the miners. Litecoin [LTC] halving occurred on 5th August 2019. Around two weeks after the halving the mining power has reduced by about 30%, increasing the block time for Litecoin. For a given network characteristic (‘difficulty’

Litecoin
Altcoin News
Litecoin
Altcoin News

Litecoin [LTC] Rises to $130; Estimated Mining Profitability Post Halving: Charlie Lee

Litecoin [LTC] halving is only 56 days away from today. The mining rewards will be reduced by half after the event. Hence, economically, there is a couple of essential questions that arise from the situation. How does it affect the price? The price of any commodity is primarily determined by the difference between the marginal

Nivesh Rustgi June 11, 2019

Litecoin [LTC] halving is only 56 days away from today. The mining rewards will be reduced by half after the event. Hence, economically, there is a couple of essential questions that arise from the situation. How does it affect the price? The price of any commodity is primarily determined by the difference between the marginal

Andreas Anton
Bitcoin News
Andreas Anton
Bitcoin News

China’s Bitcoin Mining Ban, A ‘Win-Win’ for Everyone? Andreas Antonopoulos Hints How

Naysayers have always established that ‘It is No-Longer To Profitable to Mine’ looking at the current prices and analyzing it with the mining difficulty and total hash rate of the network. However, leading Bitcoin expert and proponent Andreas M. Antonopolous states that the average bitcoin miner is still making a profit. Moreover, he accepted the possibility

Nivesh Rustgi April 11, 2019

Naysayers have always established that ‘It is No-Longer To Profitable to Mine’ looking at the current prices and analyzing it with the mining difficulty and total hash rate of the network. However, leading Bitcoin expert and proponent Andreas M. Antonopolous states that the average bitcoin miner is still making a profit. Moreover, he accepted the possibility