Bitcoin is now harder to mine than ever before - so is it ...

bitcoin in Aotearoa

A sub to chat all things bitcoin in New Zealand.
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05-12 14:35 - '[link] / This new alt crypto coin is getting ready to halve. This is the new altcoin. Pi Coin is a new way of mining that does not use electricity and thousands of dollars worth of equipment to mine. Instead you can use you...' by /u/Davebarowner removed from /r/Bitcoin within 3-13min

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This new alt crypto coin is getting ready to halve. This is the new altcoin. Pi Coin is a new way of mining that does not use electricity and thousands of dollars worth of equipment to mine. Instead you can use your phone and your time. This new technology was invented by Stanford doctoral students.
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Author: Davebarowner
1: Get into Pi Coin now.
minepi.com/dcatlin7921
submitted by removalbot to removalbot [link] [comments]

@cz_binance: Imagine casually running a bitcoin (not even a word) wallet in 2009. It takes no more electricity than your browser, and mines 50 BTC. Worth 0 at the time. You don't even think about it. 11 years later, it's worth $500,000. You move it, and shakes the market. 😀

@cz_binance: Imagine casually running a bitcoin (not even a word) wallet in 2009. It takes no more electricity than your browser, and mines 50 BTC. Worth 0 at the time. You don't even think about it. 11 years later, it's worth $500,000. You move it, and shakes the market. 😀 submitted by rulesforrebels to BinanceTrading [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

submitted by bittruthBTC to NiceHash [link] [comments]

Not mining Bitcoins because they'll never be worth anything ...

Not mining Bitcoins because they'll never be worth anything ... submitted by n8n3k to Bitcoin [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by bittruthBTC to Bitcoin [link] [comments]

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable? submitted by bittruthBTC to Crypto_Currency_News [link] [comments]

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable? submitted by bittruthBTC to btc [link] [comments]

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It In March 2019?💸Profitable Or Not Profitable? submitted by cryptoallbot to cryptoall [link] [comments]

What's gonna happen when mining bitcoin will not be anymore worth it due to the price of electricity bills ?

Noobie question here
submitted by Volpe28 to Bitcoin [link] [comments]

Is Bitcoin (BTC) Mining Worth It February 2019?💸Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It February 2019?💸Profitable Or Not Profitable? submitted by bittruthBTC to BitcoinMining [link] [comments]

Bitcoin latest: It's NOT WORTH mining BTC anymore, says leading cryptocurrency academic

Bitcoin latest: It's NOT WORTH mining BTC anymore, says leading cryptocurrency academic submitted by leftok to atbitcoin [link] [comments]

Bitcoin latest: It's NOT WORTH mining BTC anymore, says leading cryptocurrency academic - Express

Bitcoin latest: It's NOT WORTH mining BTC anymore, says leading cryptocurrency academic - Express submitted by ulros to fbitcoin [link] [comments]

JP Morgan Lashes at Crypto: Years Away from Mainstream; Will Work Only in Dystopia; Not Worth Mining Bitcoin

JP Morgan Lashes at Crypto: Years Away from Mainstream; Will Work Only in Dystopia; Not Worth Mining Bitcoin submitted by All-Stocks to AllStocksNetwork [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by bittruthBTC to btc [link] [comments]

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable?

Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? submitted by cryptoallbot to cryptoall [link] [comments]

7 Reasons Bitcoin Mining is NOT Profitable or Worth It (Home miner)

7 Reasons Bitcoin Mining is NOT Profitable or Worth It (Home miner) submitted by CityBusDriverBitcoin to btc [link] [comments]

How do I do not know where to start, does anyone knows a really good IG account that allows for instant transfer to my BTC is worth a set value despite the price Bitcoin Mining Moving my wallet from my bank account that I can use and which one is easiest

We are thinking of running a Lightning node but I'm not sure what I'm even reading half the time. How can I use that has a lot of money in crypto and blockchain? If yes, what exactly would I need to go through a third party cart because stock WooCommerce cart looks ancient.
submitted by This_Blackberry to ProjectOblio [link] [comments]

Bitcoin mentioned around Reddit: How can I eli5 to my dad that mining is not worth it. /r/buildapc

Bitcoin mentioned around Reddit: How can I eli5 to my dad that mining is not worth it. /buildapc submitted by SimilarAdvantage to BitcoinAll [link] [comments]

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?
Is there a maintained spreadsheet anywhere that shows this $mined/minermarketprice ratio for marketprices of new and used miner asics and fpgas?
submitted by dswdswdsw to BitcoinMining [link] [comments]

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?

Are there miner machines available for purchase under $200 (preferably under $100 ) that can mine $10 gross worth of bitcoin a year at current prices ignoring electricity costs? If not what is best cheap miner gross yield?
Used is fine by the way.
I like to look at the $bitcoinyield/minermarketprice return rather than all the others but i havent found a convenient maintained spreadsheet for that.
submitted by dswdswdsw to Bitcoin [link] [comments]

Bitcoin Mining is Not Worth It

Researched and used profit calculators.
Since the rewards half about every year, its 25 now and eventually to 12.5 bitcoins, you get less, and difficulty raises, there are warehouse miner competing against each other for ever increasing hashing rates, select people have first access to cutting edge and better technology, and they sell it at a premium (pretty much make the same if they mined with it or sold to a dumb buyers they get the same value), I've figured is not worth it mining or pool mining.
Save your money and spend it and your time on something worthwhile. It pays to do your research. This is not a get rich quick thing except the people selling them for at gouging prices with ever decreasing return. Two separate times I've seriously thought about buying some, cheap or expensive, and the last time they were in the mega hashes, now is the tera hashes and you can only eek out a profit. Soon the 1-10 tera hash asics will be obsolete and worthless in a year with little to no return.
The electricity alone cuts into anything you make, making it pointless. Just look at the price charts and difficulty charts the HUGE bubble occurring. And the sellers of this equipment delay the stuff just in time so you end up making nothing in the end because of all these factors. They get you good.
Summary: Don't mine bitcoin, too competitive, increasing difficulties levels, halving rewards, electricity costs, excessive pricing on mining equipment and volatility of bitcoin itself skews your profitability.
submitted by stone717 to Bitcoin [link] [comments]

Is Bitcoin Mining Profitable RIGHT NOW In Early 2020 ... The End of Bitcoin Mining - Crypto Mining is DEAD Is Bitcoin (BTC) Mining Worth It January 2019? Profitable Or Not Profitable? Bitcoin Mining 2019 - Should We Mine Bitcoin? - YouTube Mining Bitcoin for Two Years. WORTH IT?

Bitcoin mining profitability calculators . Once you’ve figured out some of your costs and mining rig options, you can use a calculator to determine whether or not Bitcoin mining is worth it for you. 99Bitcoins and CryptoCompare both have great calculators for you to use. If you find that you won’t be profitable mining Bitcoin, don’t fret. So, is Bitcoin mining worth it? So, if you are a beginner, this fun fact will interest you. Did you know how long it takes to mine just 1 Bitcoin? Ten minutes! So, how much time do you have, how much are you willing to spare, and how much money do you want to invest in your little mining machines? Bitcoin mining today is dominated by thousands ASICs (which are specialized mining devices) that Is mining Bitcoin worth it? As a financial investment, probably not. For it to make financial sense you would need very cheap (or free) electricity, strong technical acumen to optimize the operation of your ASIC(s), and plain luck. As an example of how mining might go wrong, you can imagine how well all those people did who started mining in January of 2018… Anyone who began mining in ... Bitcoin latest: It's NOT WORTH mining BTC anymore, says leading cryptocurrency academic BITCOIN'S descent below $3,400 yesterday has now confirmed that it is no longer profitable to mine the ... Is Bitcoin Mining Still Worth It Today? Here comes the big question, but it doesn’t have a straightforward answer. It consists more of complex issues that have to be explained before we can determine the outcome. Let’s begin with the four major factors that we need to acknowledge. The cost of electricity to power the computer systems. Mining difficulty; The availability and price of ...

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Is Bitcoin Mining Profitable RIGHT NOW In Early 2020 ...

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