2019-1-3 14:16 |
Japanese e-commerce conglomerate DMM Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause
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The hashprice, a measure of daily mining profitability, rose 5% from the end of November, the report said.
2024-12-16 16:27 | |
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Dogecoin mining profitability is actually higher than that of bitcoin, according to data from the mining calculator website CoinWarz. With the market seeing declines over the past year, the mining industry has taken a hit when it comes to its profitability.
2023-1-10 02:00 | |
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Bitcoin mining profitability is subject to a number of things and recently these factors have been affecting mining profitability, hence putting it under pressure. The amount of money miners are making from carrying out their activities are low, contributed by the growing hashrate, mining difficulty, and last but not least, the price of the digital […]
2022-4-20 20:00 | |
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Bitcoin mining profitability is up 275% since before the May 2020 halving.
2021-10-5 06:47 | |
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The importance of mining has never been questioned; Simply put, mining is the process of generating new Bitcoins in the network and facilitating transactions on the blockchain. Miners are rewarded for their efforts in BTC for the addition of a new block, but over the past few years, the profitability of mining has been under […] The post Bitcoin mining revenue continues to hike despite concerns over profitability appeared first on AMBCrypto.
2019-9-1 12:00 | |
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As Bitcoin and crypto prices continue to fall profitability from mining using certain types of hardware inevitably follows suit. Japan has a number of high profile corporations heavily invested in mining operations and it looks like they are about to pull the plug.
2019-1-3 12:00 | |
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Japanese e-commerce giant DMM. com is reportedly exiting the cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news follows an announcement by another major Japanese company, GMO Internet, that it will no longer manufacture and sell mining machines, citing similar reasons.
2019-1-2 08:05 | |
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Per a report published on December 25, 2018, Japanese internet giant GMO has decided to call off their business of manufacturing and selling cryptocurrency mining machines. Market Slump to Blame for Declining Profits According to the report, GMO’s in-house mining business profitability took a major beating due to the declining cryptocurrency prices.
2018-12-28 09:00 | |
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Decreased profitability in crypto mining has adversely affected GPU producer Nvidia, which is the worst performer in the S&P 500 in Q4 2018
2018-12-22 06:44 | |
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Zcash’s network hash rate has mysteriously spiked by over 40 percent since Dec. 10th. It is unknown what is causing the spike, but it could indicate a growing ASIC presence on Zcash, or, more likely, that a large mining conglomerate is returning to the fray.
2018-12-21 19:20 | |
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As crypto mining profitability plunges, Tatau aims to repurpose people’s GPU computational power to disrupt the $53 billion cloud computing industry.
2018-12-18 15:50 | |
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A new report published by the digital asset investment fund, Vision Hill Advisors, is making a case for the financial advantages investment funds can garner when participating in a cryptosystem in the context of generalized mining.
2018-12-17 12:00 | |
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A rough estimation of the falling hashrate sees the equivalent of 1.3 million S9 ASIC shut down.
2018-12-12 17:18 | |
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Miners are sticking with Bitcoin SV (BSV), one of the assets created from the Bitcoin Cash split, but supporting the network is costing them at a time when mining Bitcoin (BTC) would offer greater rewards.
2018-12-6 16:26 | |
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As the market continues to tumble (and mining profits have dwindled), Bitcoin’s mining difficulty dropped by its largest percentile in seven years — the second largest downward correction in the cryptocurrency’s lifetime.
2018-12-4 01:01 | |
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Marketwatch published an op-ed by Atulya Sarin, a professor of finance at Santa Clara University. In this biased and error-packed piece, professor Sarin bases his bitcoin is soon to be dead assumption on the decreased mining profitability.
2018-12-4 23:40 | |
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Canada-based cryptocurrency mining company Fortress Blockchain Inc. announced its Q3 2018 financial results through a press release, published November 28, 2018. One of the key takeaways from the report is the dip in gross mining margin from $740,872 in Q2 2018, to $384,274 for the quarter ending September 30, 2018.
2018-12-1 20:00 | |
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Bitcoin Mining, Cryptocurrency–Even with the falling price of Bitcoin and the recent questions being raised about the profitability of crypto mining, American tech company Intel has made headlines with a new patent filing that seeks to improve upon the efficiency of mining.
2018-12-1 01:16 | |
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On November 14, 2018, quantitative trading firm Susquehanna published a report on the state of the digital currency mining sector. More specifically, the report focused on the Ethereum network and its steep decline in profitability.
2018-11-27 18:00 | |
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The mining profitability of Bitcoin and its major “clones” has been a topic of debate for some time now. While it was evident Bitcoin would be the most profitable currency to mine for the longest time, that is not necessarily the case any longer.
2018-11-27 15:12 | |
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A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages.
2018-11-27 14:20 | |
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A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange.
2018-11-26 14:00 | |
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In the world of cryptocurrency mining, profitability is often very difficult to achieve. Not just because it is so difficult to find anything profitable to mine, but also because of the falling prices.
2018-11-25 19:00 | |
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Back in the days of the Wild West, gold prices would dictate the profitability of prospecting and mining. Around 150 years later not much has changed with regards to the economics of mining, however the commodity is a little different now.
2018-11-22 16:00 | |
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There has been news going around that major mining rigs in China have shut down as a result of reduced profitability due to reduced hash rate. According to the information, many miners say they have been mining at a loss for months but can no longer afford to continue because of increased electricity tariffs due […] The post Information from China Claims many Bitcoin Miners have shut down due to reduced hash rate. How Possible? appeared first on ZyCrypto.
2018-11-21 23:26 | |
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Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV).
2018-11-17 02:13 | |
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Despite the claims of being a decentralized coin, mining Ethereum with a GPU is not profitable in November 2018.
2018-11-15 19:44 | |
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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.
2018-11-15 05:10 | |
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Zug, 26. October 2018: Zug-based crypto mining company Invemo GmbH is set to enable Swiss miners to maintain high profitability amidst falling mining rewards. Invemo GmbH is a Zug-based company that enables private individuals as well as companies to join the mining industry in the most professional and cost-effective way.
2018-10-30 16:54 | |
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CoinSpeaker Invemo to Save Swiss Crypto Mining Industry Zug-based crypto mining company Invemo GmbH is set to enable Swiss miners to maintain high profitability amidst falling mining rewards. Invemo to Save Swiss Crypto Mining Industry
2018-10-27 20:39 | |
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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.
2018-10-18 20:05 | |
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President Trump’s trade tariffs will likely cause a major dint in the profitability of Chinese companies producing cryptocurrency mining hardware. Of the three mining giants based in China, Beijing’s infamous Bitmain is expected to be the worst hit since they rely most heavily on overseas sales.
2018-10-17 00:30 | |
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Is it Currently Worth to Mine Litecoin (LTC)? Cryptocurrency mining activities have been very profitable in different occasions. Users were able to earn extra income and at the same time make the network more secure.
2018-10-10 21:20 | |
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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.
2018-10-9 15:33 | |
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A recent analysis of Bitcoin's mining ecosystem reveals that its profitability has diminished.
2018-10-9 11:50 | |
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Bitcoin has had an interesting year. Every company has been hit with the effects of the bear market, but Bitcoin has still managed to increase their revenue lately. Unfortunately, Bitcoin mining hasn’t had the same success, which could be due to a few different reasons.
2018-10-9 08:11 | |
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Bitcoin mining in 2018 hasn’t been as profitable as in 2017 despite an increase in overall revenue. With the network hashrate continuing to increase astronomically, miners now pay higher electricity tariffs severely affecting their bottom-lines.
2018-10-9 00:52 | |
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One of the latest cryptocurrency MLM companies announced that it has decided to suspend daily ROI payouts due to issues with GPU mining. The company is known as BitClub and the decision has been taken due to a decline in GPU mining profitability.
2018-10-8 07:15 | |
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Bitmain have announced the release of a new mining rig, specifically designed for the mining of Decred. Named the Antminer D3, the new rig will mine Decred at 7. 8 TH/s. The mining economy is sat within a spot of difficulty at the moment.
2018-9-24 15:30 | |
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Influence of crypto rapid rise According to Forbes, from 2017 to 2018 Bitcoin grew in price by more than one thousand percent. Such a rapid rise could not help but attract a huge number of new players to cryptocurrency trading and mining.
2018-9-27 12:49 | |
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As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.
2018-9-21 01:04 | |
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Cloud mining is the easiest way for newbies to get into cryptocurrency mining, without having to purchase any of the expensive equipment or deal with the high associated costs, from the likes of energy bills etc.
2018-9-4 16:00 | |
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Alexander Petersons, product director of Hashtoro cloud mining service, talks about the future of the cryptomarket, decentralization and the profitability of Bitcoin mining.
2018-8-30 14:49 | |
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Valatie Falls Hydroelectric Dam, New York, is set to see a new life within cryptocurrency mining, after firm DPW Holdings Inc made a bid to purchase the aging dam in March 2018. This will see a new cryptocurrency mining branch open up within DPW Holdings, a brave move considering the falling profitability of cryptocurrency mining as a result of depleting values from currencies such as Bitcoin and Litecoin and of course, an increase in the price of energy and mining equipment.
2018-8-28 14:00 | |
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Bitmain, one of the world’s largest crypto miners, could be facing tough challenges ahead. Aside from the low crypto prices affecting the profitability of its mining operations, even its mining chip manufacturing business seems to be losing its competitive edge.
2018-8-28 13:49 | |
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Genesis mining has announced the imminent shutdown of open-ended Bitcoin mining contracts. The cloud mining service platform has advised users to migrate to a five-year BTC mining contract instead.
2018-8-17 17:39 | |
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As cryptocurrency mining profitability continues to suffer due to price decline, many cloud-mining services have been forced to cease operations. Today Genesis Mining announced they would be ending one of their bitcoin mining services.
2018-8-17 02:00 | |
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Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers.
2018-8-16 23:15 | |
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Canaan Creative has announced that it plans to sell a 43” television set that doubles as a bitcoin mining rig – dubbed the Avalonminer Inside. Canaan, the world’s second largest manufacturer of mining rigs, stated that its television is equipped with A3210 16nm ASIC chips and is capable of processing at a power of 2.
2018-8-11 15:00 | |
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