I Am Unplugging My Bitcoin Miners & You Should Too | ASIC Mining Is Dying

Duaration

00:09:20 h

Published By

Published on Aug 24, 2018

Is it worth it to mine Bitcoin? Aside from the altruistic act of securing the BTC network via Proof-of-Work PoW, Bitcoin mining doesn’t make cents or sense now or in the foreseeable future for the residential small-scale cryptocurrency miner. Still want a Bitcoin Miner? – http://geni.us/dBMn

There are many factors at play when you analyze cryptocurrency and cryptocurrency mining profits, however with Bitcoin price remaining stagnant and Bitcoin mining difficulty continuing to increase this becomes a very simple equation that the longer time goes on = the less Bitcoin/USD you will earn mining BTC.