Bitcoin Mining Metrics Continue To Spike In Most Profitable Year Ever

Bitcoin Mining Metrics Continue To Spike In Most Profitable Year Ever

The Bitcoin mining sector has seen some major ups and downs in 2021. Cast out from China, a former hub for this activity until very recently, the network’s hashrate dropped it’s yearly low and has been recovering ever since. Related Reading | Bitcoin FOMO: On-Chain Data Suggests Big Accumulation Going On A report by Hashrate Index […]


Related News

ViaBTC Brings Back Its Profitable Crypto Cloud Mining Services Ahead Of Peak ...

All markets are cyclical, and the cryptocurrency markets are no different. At the height of the crypto bubble in 2017, everyone wanted to get into Bitcoin. People scrambled to buy the asset and altcoins on exchanges like CoinEx, while others took the mining approach by contributing to the underlying blockchain network. But as the bullish cycle ended, crypto mining became less profitable, and services like cloud mining disappeared. However, mining digital assets have become profitable […]

Is Crypto-Currency Mining Still Profitable?

Time is ticking as Bitcoin's mining difficulty increases endlessly, as miners of all types dash to purchase the latest mining hardware. But is this all still profitable for the average miner? As the difficulty approaches 1,500,000,000, many miners are left in the dust. Cloud mining, such as cex.io, will never break even at all, making a maximum of 0.02 BTC, with hopes of reselling it back into the market, hopeless. Altcoins, the land of pumps, and dumps. As new altcoins popup every single day, should miners turn away from Bitcoin, leaving behind their ASICs and begin mining scrypt coins?....

ETH hash rate hits all time high, mining it is 3X more profitable than BTC

The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018 The amount of computing power on the Ethereum network is currently at an all time high following weeks of volatility in key metrics on the blockchain.According to data from on-chain analytics provider Glassnode, the Ethereum hash rate hit an all time high of more than 250 terahashes per second (TH/s) on Oct. 6, marking an 80% rise since January. Glassnode reported that a surge in the hype surrounding DeFi projects this year sparking higher gas fees may have contributed to the metric reaching an all time....

A Guide to Setting Up Your GPU Mining Rig

Many people are interested in the GPU mining market but lack the knowledge on setting up a GPU mining rig. This guide will help you to choose the proper graphics card, find suitable mining software, and select a profitable pool that will benefit your personal mining goals. GPU mining isn't that difficult once you know what all goes into setting it up. Once your miner is up and running, you barely need to do anything with it to keep it profitable. GPU Mining - Getting Started Guide. Choosing a graphics card. The first part of setting up your mining rig is choosing the proper hardware.....

Bitcoin Price Analysis: 4/14/2016

Bitcoin is still undergoing a correction towards the upward trend. Will that trend continue or should we expect a turn to decline followed by a sharp fall? At which point is the upward trend most likely to continue? Bitcoin’s current rebound may likely grow into a turnaround. The current price is profitable for the bulls. Thus, the reaction of the price at the current level will indicate with whom the advantage lies on the market. In order to break the structure of the correction and continue the upward trend, Bitcoin’s price has to enter a zone, which is profitable for the bears. $426 is....