The Myth Of The Bitcoin Mining Death Spiral

The Myth Of The Bitcoin Mining Death Spiral

Bitcoin prices are down around 80% from this time last year, yet the hash rate is about 3 times greater now than what it was back then. This means it is more difficult to mine, which forces miners to invest in more equipment, and their fiat reward – which is needed to...
The Effects Of Centralized Bitcoin Mining

The Effects Of Centralized Bitcoin Mining

Bitcoin sparked the revolution that made a significant advance towards web 3.0 possible, with a strong proof of concept for decentralization of money and transactions. Hundreds of DApps or Decentralized Apps have now appeared, and many different startups are now...
Is Bitcoin Mining Still Profitable?

Is Bitcoin Mining Still Profitable?

  It was a gold rush when Bitcoin prices started rising and newly emerged miners were setting up their mining equipment all over, just to get crushed by ASIC miners. Bitcoin mining, the process of earning Bitcoin while running transaction verifications, has grown...

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