New Report Finds 80% of Bitcoin Mining Running on Renewable Energy

New Report Finds 80% of Bitcoin Mining Running on Renewable Energy
фото показано с : bitcoinist.com

2018-12-1 00:00

A new report from CoinShares into Bitcoin mining suggests the practice is likely loss-making for the majority of miners at current prices. Average Miner ‘Running At A Loss’ In a ‘whitepaper’ which received high praise from cryptocurrency figures, CoinShares examined various facets of mining, which has seen increased prominence in recent weeks as Bitcoin price dropped to lows of $3500.

“Among our findings is an estimate that since May, the market-average, all-in marginal cost of

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