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Ether Mining no Longer Profitable as Hashrates Decline
Mining the cryptocurrency ether (ETH) using high-powered computer systems is no longer profitable, stated a CNBC report on November 13, 2018. Individual Mining no Longer Profitable If a recent report by CNBC is to be believed, cryptocurrency’s gold mining days might be a story of the past, as the activity is no longer a profitable one. дальше »
2018-11-16 10:00 | |
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Solo Crypto Mining Profitably Is Declining As It’s No Longer Worth The Costs To Mine On Your Own
In the early days of crypto, hobby miners were able to generate enormous profits using ordinary GPUs and even CPUs. Today, things have changed: a new report suggests individual mining is no longer profitable. дальше »
2018-11-15 10:29 | |
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ETH/USD Price Analysis: Below $200 ETH Mining is Useless, Hash Rate Drop
After 11 months of relentless bears, statistics from Susquehanna, a US based trading and technology firm has confirmed that mining Ether is no longer profitable. This is mostly due to a relentless bears that have since drove prices from $1400 to $200. дальше »
2018-11-15 05:10 | |
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Mining Pools Rule, Individual Crypto Mining Deemed No Longer Viable
Although institutional players have continued to throw money at crypto assets and up-and-coming blockchain-focused projects, reports indicate that the mining subset of this industry has faltered, and greatly at that. дальше »
2018-11-14 16:00 | |
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Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable
Bitcoin miners have raised over $4. 7 billion in revenue so far this year, but rising electricity prices have rendered cryptocurrency mining almost completely unprofitable, even for the world’s biggest pools. дальше »
2018-10-9 15:33 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Tether, Bitfinex Reportedly Deserting ‘Unprofitable’ Noble Bank
Noble Bank, the “non-fractional reserves” institution which was once the primary reserve bank for Tether (USDT), is facing competition from other banks amid claims it is “no longer profitable. ” Non-Fractional And Non-Profitable? As Bloomberg reports October 1, Noble, registered in Puerto Rico, is now seeking a buyer on the back of the back of lax revenues stemming from 2018’s prolonged cryptocurrency bear market. дальше »
2018-10-2 19:00 | |
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Mining startup dumps unprofitable users, blames it on Bitcoin price drop
Popular cloud based cryptocurrency mining service, Genesis Mining, is calling it time on lower tier Bitcoin mining contracts after claiming they’ve become a pointless endeavor. In a Genesis Mining blog post (spotted by Cryptovibes), the cloud mining firm stated that it will no longer continue to support its lower tier Bitcoin contracts. дальше »
2018-8-16 16:34 | |
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Qiwi’s Staff Worker Mined 500k Bitcoins Using Company’s Equipment
Qiwi CEO Sergey Solonin claimed that an ex-employee of the company used the hardware of Qiwi to mine bitcoins. When the company made an attempt to continue mining, it turned out that the difficulty of this process had risen to a point that it was no longer profitable on Qiwi's computers. дальше »
2018-7-26 09:07 | |
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Togacoin ICO
Togacoin's endeavor is to separate the mining operations from the electricity costs, as well as diversifying investments to make the business safer and more independent from any market variable. This guarantees a complete payout to the token holders: in case mining become no longer profitable, it will be gradually replaced by our other activities (hosting/housing, application design/development and electricity sales). дальше »
2018-7-21 13:21 | |
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A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments
On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security. дальше »
2018-7-3 23:16 | |
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