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Is bitcoin mining dead? : BitcoinMining
NiceHash - buy & sell hashing power
NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
CoinSolver -- Profit Switching Scrypt Pool w/Nightly Bonus
CoinSovler is a new auto-switching scrypt coin mining pool that pays out directly in BitCoin. We're still in Beta, so suggestions and feedback are most welcome, and we have many features in the works. We intend for it to be dead simple to use, highly profitable and very transparent about the mining information.
I'm new to the mining game. I have a Machine Learning rig at work that for a couple months wont be used (4x 1080ti). I had some BSOD issues early on, but finally got it going with nicehash and I was surprised that I was only averaging $5 a day. When I was setting things up, I saw in past videos people were getting $42/day, then $15/day ... now just a couple dollars a day? Since I'm new, I don't have the experience to know if this is a fluke with using nicehash, or a general trend in the field. It seems like bitcoin popped back up to 10k, but the payouts are still dirt slim. Is there a reason for this?
Hey guys, so I recently just got into bitcoin mining and am mining from my pc at home on my nvidia gtx 1070. Yields about 2.77 dollars a day at 337 mhz by the looks of it, unless I'm reading the program wrong. I have seen that people see it's not worth mining anymore when in my head it sure as he'll is...if I use a raspberry pi with a 10 Port USB expander and I plug those USB block eruptors in running at about 8ghz each, which are at about 0.34 dollars a day maybe more.... that's about 6 dollars a day. That's about 42 dollars a week .. so on so forth...im from South Africa and the currency is 13.80 rand to 1 dollar so a month that's about 2300 rand a month. I could probably buy groceries for a month for my girlfriend and myself with That To give you perspective. Now if I have 4 of those farms it goes up quote a bit. I cant Imagine it using much more power than it currently is because my raspberry pi at the moment and my desktop computer are on 24/7. Am I misunderstanding the concept or am I being too optimistic or why do people say that it's not worth it anymore? Really appreciate the help guys...i actually haven't stopped thinking about this as a 3rd income.
I use to mine a little bit back in 2013 but I kinda stopped cause I didnt want my computer overheating constantly. But lately I've taken interest in investing and bitcoin (should've done this way sooner). I'm thinking about setting up a mining rig in my basement. Is this pointless or do people still mine bitcoin?
BITCOIN MINING DEAD ? | What happens to Bitcoin Contracts? August 1st comming in hot!
Yo whats up Steem! Following the Cryptomining community for a long time now. I'm so pumped that I recieved my missing payouts from Genesis Mining, they also published a Q&A about the future of the Sha256 Contract, how the fork will affect the mining process. I walk you through my personal thoughts about the past couple of days and what the future will bring. Please give me your personal opinion about my thoughts, and feel free to comment! https://youtu.be/tQvAjI2L0Ts If you guys want a 3% discount there is a code for you "bNaXIM"
Bitcoin Mining Dead - Thus Enter Era of Bitcoin Volatility
The practicality of the average smart guy being able to get ANYWHERE with Bitcoin Mining is relatively low right now. I think therefore that we're entering an era of Bitcoin volatility. This is because the only way to get Bitcoins reasonably now is either by sale of goods and services, or in buy/sell strategies in the market. Well, since not enough people and businesses are using Bitcoin, really the only reasonable way to get Bitcoins is by buy/sell strategies. And man, are they! Check out btc-e.com and you'll see how many trades are occurring per month! The only way that buy/sell strategies work is by playing with the price up and down, and arbitrage (the latency game between multiple exchanges). And this causes volatility, I believe. But that's just my opinion. I'm no economist. Thoughts?
Bitcoin Mining Death Spiral / Halving Narrative Dead
This article was posted today: https://messari.io/article/a-bitcoin-halving-black-swan Author suggests there could be a Bitcoin mining death spiral and how the halving narrative is dead. Wondered what everyone’s thoughts on this was? He makes a pretty compelling argument, and I’ve been a believer of Plan B’s S2F model, but this article kind of puts a damper on it. Would appreciate detailed responses as my newbie friends asked me about this article as well and I didn’t have any good answers for them. Thanks in advance!
What happens if in the future the miners join forces so that the mining reward does not decrease by half every 4 years? if the miners win this battle (2x) decentralization is over, bitcoin as a project is dead
This has brought mining profitability down to levels such that if a mining operator’s electric rates are much above the U.S. average of $0.11 per kWh then those operators who use GPUs are losing money on every bitcoin mined (when valued at the current exchange rate, a little under $5). Not all miners are facing hard times though. Cryptocurrency mining includes two functions, namely: adding transactions to the blockchain (securing and verifying) and also releasing new currency. Individual blocks added by miners should contain a proof-of-work or PoW. Bitcoin mining case study. Let’s take Bitcoin as an example, for a second. The block reward is basically how new Bitcoin ... Is bitcoin mining dead? Hey guys, so I recently just got into bitcoin mining and am mining from my pc at home on my nvidia gtx 1070. Yields about 2.77 dollars a day at 337 mhz by the looks of it, unless I'm reading the program wrong. See this article, Bitcoin Bubbles: A History (free email sign up). I’ve written quite a bit about this, but here’s the gist on the adoption curve: Every new technology goes through an adoption cycle. “Stodgy” commentators think we’re in the innova... Feb 27 “The Exact Date for Bitcoin’s Final Crash to $0.00” – Wall Street Daily $579.01 Feb 26 “Bitcoin is Dead” – Street Insider $578.98 Feb 25 “Is Bitcoin Dead?” – About.com $532.71 Feb 25 “Mt. Gox Meltdown Spells Doom for Bitcoin” – Bloomberg $532.71
Thanks for watching! For donations: Bitcoin - 1CpGMM8Ag8gNYL3FffusVqEBUvHyYenTP8 Is Alt coin mining dead? I explain my opinion. This video is unavailable. Watch Queue Queue This is the END of Bitcoin Mining Follow Up Video. Since Crypto Mining is DEAD I've decided to sell all my equipment on eBay. GOODBYE, my little mining babies 😭😭😭. In this Video: The End of Bitcoin Mining - Crypto Mining is DEAD Tags: bitcoin mining, bitcoins investment, mining rig, mining bitcoins, crypto investor, cryptocurrency investing, brucewannng ... Is GPU Mining Still Profitable? Should YOU Build a Crypto Mining Rig? GPU Mining DEAD?! - Duration: 14:34. VoskCoin 64,531 views