Is Mining Bitcoin Still Profitable? - Crush The Street

Is Mining Bitcoin Still Profitable?

Is mining Bitcoin or any other digital currencies still profitable? It's a question many are asking, but the answer may vary depending on the person.

Digital currency mining has proven to be extremely popular over the last years, as it has been an easy way to earn "free" money and allowed people to accumulate their cryptocurrency portfolio.

"Mining" is the term...

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Website: https://crushthestreet.com

Bitcoin consumes a ton of energy, but it's not as bad as ...

By Stan Schroeder

2017-12-01 16:14:31 UTC

Bitcoin mining consumes a lot of energy. Every once in a while, someone compares this to another random metric -- say, the energy consumption of Ireland -- and it induces a collective gasp. How can this thing be sustainable?

Well, it probably isn't. But, long-term, it might not be that big of a deal.

SEE ALSO: Bitcoin's little brother Ethereum is at an...

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Website: http://mashable.com

Related topics : bitcoin cost per transaction / bitcoin transactions time / bitcoin transactions per day / bitcoin transactions by country / bitcoin transactions per second

What is bitcoin mining and how does it work? - 101 Options

What is bitcoin mining and how does it work?

Most people that have heard of Bitcoin mining see it as a way to get free Bitcoins, bordering on theft. You set up a server program, and every now and then it presents you with some bitcoins. Sounds simple doesn't it and a bit like money for nothing? �In fact, Bitcoin mining is one of the fundamentals of the Bitcoin network and without it the network...

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Website: https://101options.com

Cryptocurrency mining may void warranty on Inno3D GPUs ...

At least one company is fighting back against the cryptocurrency craze that is depleting the market of graphics cards. Over at Reddit , a user brought to attention a warning sticker from Inno3D that tells miners it may opt not to honor its warranty if its cards are used for mining.

"This product is not designed for Crypto Mining. We reserve the right to void the warranty if there is any damage...

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Website: http://www.pcgamer.com

Related topics : bitcoin graphics card / bitcoin miner hardware asic / bitcoin mining hardware asic / bitcoin miner hardware amazon / bitcoin miner hardware price

Ultimate Bitcoin Mining Rigs - Geeky Gadgets

Even though bitcoin has blasted passed a value of $15,000 today up from $12,000 yesterday, it's never too late to start bitcoin mining for your very own crypto currency. If you fancy investing money and time into mining your very own small fortune, it's worth checking out some of the competition and the ultimate bitcoin mining rigs that are currently in action and mining for bitcoins. Yesterday we showed you how you can use the $35 Raspberry...

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Date: 2018-01-11 19:27:32
Website: https://www.geeky-gadgets.com

Related topics : bitcoin mining rig 2015 / bitcoin mining rig guide / bitcoin mining rig / bitcoin mining hardware 2015 / current bitcoin mining prices

BREEDBIT - Bitcoin Mining Equipment, GPU, Power - Products ...

Breedbit claims to be "the ultimate bitcoin products store and information portal." Find out what products they sell - and what information they provide - today ter our review.

What Is Breedbit?

Breedbit is an online store and informational webstek found online at Breedbit.com. The webstek sells a diversity of products catered to the bitcoin community - including hardware wallets and mining...

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Website: http://biteditions.com

MPEx - Bitcoin History | Information

What is Bitcoin

Bitcoin is a form of digital currency, created and held electronically.

Launched in 2009 after the publication of the bitcoin white paper the year before by anonymous creator Satoshi Nakamoto. The revolutionary global payments network is based on a completely decentralised, peer-to-peer, open source protocol representing a way to move money or value, faster, cheaper and more...

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Date: 2017-07-07 09:20:16
Website: http://mpex.co

Related topics : will bitcoin be the one world currency / bitcoin mining difficulty increase rate / 1 bitcoin worth 1 million / bitcoin mining hardware requirements / bitcoin mining difficulty rate

Bitcoin Is About to Soar, But You Must Act by August 1 to ...

Your Last Chance to Bank On This Two-Day Advantage

A sophisticated mathematical model is taking Wall Street by storm. One man, a renowned stock market pioneer, has uncovered an incredible breakthrough - one in which he is able to identify massive stock eruptions days ahead of time. This "head start" means extraordinary gain potential. And, starting next week, he's identified 128 opportunities...

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Date: 2018-01-11 20:21:00
Website: http://www.internationalman.com

Related topics : bitcoin transactions per second / 1 bitcoin price in 2016 / bitcoin transactions per day / bitcoin transactions explained / buy 1 bitcoin paypal

How China could 'sabotage and take control of Bitcoin ...

Beijing could render the Bitcoin network effectively useless by taking control of the powerful computers used to maintain the digital currency, which are largely based in China, according to a report from security companies Hacken and Gladius.

Bitcoin is seen by its supporters as free of government control, a feature that is highlighted as one of its key benefits.

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As Bitcoin has...

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Website: https://www.stuff.co.nz

Related topics : bitcoin mining computer power / bitcoin computer requirements / bitcoin mining hardware requirements / bitcoin mining computer buy / free bitcoin mining power

Best 4 cloud mining companies in the world - forum.bitcoin.com

Best 4 cloud mining companies in the world

1-Best Bitcoin Cloud Mining with Free 50 GHS Hashpower - Paying Since 2014

What is CryptominingFarm?

CryptominingFarm is a bitcoin mining company and investment opportunity that wants

to give people a way to utilize high quality crypto-currency mining with guaranteed profits.

I've been a member here since January 2016 and im making a massive profit...

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Website: https://forum.bitcoin.com

Related topics : bitcoin cloud mining companies / bitcoin cloud mining free ghs / bitcoin mining hardware companies / bitcoin cloud mining free / bitcoin mining companies

[Tutorial] How To Mine Bitcoin Gold | Best Mining Hardware ...

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Today I am going to show how to mine the newly forked coin named bitcoin�gold, which is forked from the original bitcoin. For those who don't know to let you that bitcoin gold work�on the Equihash Algorithm- the same one on which Zcash, zencash, zclassic�works.

Also Read:� How To Secure Your Cryptocurrencies From Getting Hack

A few days earlier when bitcoin�gold released , miners got excited about mining the newest cryptocurrency bitcoin�gold , the idea was to grab as much coin in the initial stage when the difficulty is less. Few of them have the idea to sell them insteadly�as the market...

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Website: https://www.techllog.com

Related topics : miner bitcoin gold / bitcoin mining hardware 2017 gpu / bitcoin cash mining hardware / bitcoin cash mining gpu / bitcoin mining hardware gpu

So You Want To Become A Bitcoin Millionaire?

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When you think of trading or investing, you probably think of stocks and bonds. You might also think of commodities, currencies and whatnot. But strolling into a mutual fund manager's office and mentioning Bitcoins would probably get you an odd look, assuming he or she is not an avid reader of TechCrunch.

Introduced in 2009, the electronic currency Bitcoin is exchanged through...

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Website: https://thecollegeinvestor.com

ASRock releases motherboards designed to mine Bitcoins ...

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I'm about to write a bunch of really weird words in a row, but I need you to hang in there. We'll get through this together. Are you ready?

ASRock has just released a new motherboard series designed specifically to mine for Bitcoins. To the best of our knowledge, this is the first time PC hardware has been built with Bitcoins in mind. Actually, these are the first PC components built to, theoretically, make you money.

Let's back up a little bit. Bitcoins are the internet-based, peer-to-peer currency, as explained in the video above. At about 0:30 in the video, the narrator mentions Bitcoin...

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Website: http://www.pcgamer.com

Related topics : bitcoin mining investment return / best bitcoin mining hardware for the money / bitcoin mining hardware / bitcoin make money / bitcoin mining computer power

Five myths about bitcoin - The Washington Post

This month, bitcoin, the digital currency launched by Satoshi Nakamoto in 2009, hit a record price of $17,428.42 per coin. It got its own futures market at a traditional brokerage firm, and it even earned a joke in a recent "Saturday Night Live" sketch. Perhaps because of its complicated technical design, zealous community of advocates and famously mysterious founding story (its creator was...

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Website: https://www.washingtonpost.com

Bitcoin Cloud Mining – Best Bitcoin Investment

How to earn money with cloud mining bitcoin?

Cloud mining lets you to participat in cryptocurrency mining without the need to invest and maintain the hardware equipment related to mining activity. Once you sign up you can pay a maintenance fee and all the rest is covered by the cloud mining company. At the same time you can earn profit from the miners running in the mining farm in the form of...

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Website: http://www.bestbitcoininvestment.com

A closer look at Litecoin mining: Is it worth doing ...

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The era of Bitcoin mining on the GPU is dead. A year ago, a single Radeon graphics card could crank out a reasonable fraction of a Bitcoin in a single day.

Today, that same GPU earns a thousandth of a Bitcoin in 24 hours, generating little value while consuming a substantial amount of power. The shift to ASICs for Bitcoin mining mirrors the shift from CPUs to GPUs, but the market...

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Website: https://www.itproportal.com

Massive surge in Litecoin mining leads to graphics card ...

Massive surge in Litecoin mining leads to graphics card shortage

Massive surge in Litecoin mining leads to graphics card shortage

By Joel Hruska on December 10, 2013 at 10:40 am

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This site may earn affiliate commissions from the links on this page. Terms of use .

The era of Bitcoin mining on the GPU is dead. A year ago, a single Radeon graphics card could crank out a reasonable fraction of...

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Website: https://www.extremetech.com

What is Bitcoin Mining? - Antminer Distribution EU

What is Bitcoin Mining?

What is Bitcoin Mining?

Introduction

Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions. This ledger of past transactions is called the  block chain  as it is a chain of  blocks . The block chain serves to  confirm  transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to...

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Website: https://www.antminerdistribution.com

Cloud Mining | Bitcoin Trending

Cloud mining contracts might be considered a bet on future mining difficulty levels and bitcoin prices. For whatever reason, cloud mining contracts have been extremely overpriced, basically offering ROI if difficulty rates buck the consistent historical upwards trend and remain stagnant, while at the same time bitcoin maintains or increases in price. It would be a relatively simple task for a...

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Website: https://btctrending.com

Bitcoin mine in Iceland: photos - Business Insider

Mining is the backbone of bitcoin.

It's the process that creates new bitcoin: For�contributing computing�power to process transactions on the bitcoin network, "miners" are rewarded with a portion of the digital currency.

This payout makes the entire process --�with the right equipment�--�incredibly lucrative. It has helped spawned a huge�and surreal�industry.

You can mine at home,...

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Website: http://uk.businessinsider.com

Best Bitcoin Mining Hardware (November 2017) - Anything Crypto

There are a range of Bitcoin mining rigs available, and each of them takes a different amount of time to earn your initial money back (break even). This guide gives some estimates of how profitable these are based on the latest Bitcoin difficulty & price in December 2017.

EDIT: We've now made a calculator for working this out in real-time, try it out !

Tools to work out profitability

There are...

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Website: https://www.anythingcrypto.com

The Good, The Bad And The Ugly Of Bitcoin Security - Hongkiat

By Azzief Khaliq in Internet

It's probably safe to assume that Bitcoin is here to stay. Yes, it's a bit volatile and yes, other cryptocurrencies are a lot easier to mine and a lot cheaper to buy, but the ever-growing number of ways to spend bitcoins - plus the fact that it's still around after being proclaimed dead numerous times over the past few years - is a testimony of the resilience of the...

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Website: https://www.hongkiat.com

Best Litecoin Mining Hardware ASICs for 2017 – Litecoin ...

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2017 has been a great year for Litecoin. It started the year around $3-4 per coin and has moved up and over the $50 mark in recent months. As a result, Litecoin mining has been quite profitable for anyone lucky enough to be mining Litecoin. In this article, we will look at what is currently the best Litecoin mining hardware ASIC.

Best Litecoin Mining Hardware ASIC

Unlike Ethereum,...

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Website: http://www.coinminingrigs.com

Related topics : litecoin mining hardware asic / litecoin mining hardware calculator / litecoin mining hardware amazon / litecoin mining hardware / litecoin mining calculator profit

Best 4 mining companies in the world - Bitcoin Forum

2- Vozex - ASIC Bitcoin Mining Company

WHAT IS VOZEX?

Vozex is a company which is a developer and producer of ASIC Bitcoin miners. The company has been studying and mining this cryptocurrency for many years. Not so long ago we have developed a new-generation Bitcoin miner, which exponentially outweighs its competitiors based on the equipment price and power ratio.

VOZEX ASIC has power ratings of...

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Date: 2017-12-30 07:35:18
Website: https://bitcoinforum.com

Related topics : bitcoin cloud mining companies / bitcoin mining hardware companies / bitcoin mining companies / bitcoin mining hardware asic buy / bitcoin mining hardware asic

Bitcoin Mining Calculator - My Crypto Buddy

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The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over...

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Date: 2017-12-19 20:55:47
Website: http://www.mycryptobuddy.com

Related topics : bitcoin price change calculator / bitcoin sell price prediction / bitcoin price change / bitcoin sell price calculator / bitcoin mining hardware sell

Bitcoin Cash Mining Calculator - My Crypto Buddy

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What is this?

The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over...

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Date: 2017-12-19 20:55:47
Website: http://www.mycryptobuddy.com

Related topics : bitcoin price change calculator / bitcoin sell price prediction / bitcoin price change / bitcoin sell price calculator / bitcoin mining hardware sell

Bitcoin retreats as another cryptocurrency offshoot ...

Bitcoin retreats as another cryptocurrency offshoot appears

Wed, Oct 25, 2017 - 12:32 PM

[HONG KONG] First there was bitcoin, then bitcoin cash - and now there's bitcoin gold.

A new iteration of the cryptocurrency has been formed after some developers split the blockchain, the digitised ledger on which the bitcoin is based. Called bitcoin gold, the offshoot comes less than three months after...

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Website: http://www.businesstimes.com.sg

How I Cornered the Bitcoin Mining Market Using a Quantum ...

How I Cornered the Bitcoin Mining Market Using a Quantum Computer (Theoretically!)

Whenever I tell my friends about the potential of Quantum Computing, for example, how a Quantum Computer (QC) can do a large number of calculations in parallel worlds, they look at me like I'm kind of crazy.

So, rather than talk about it in the abstract, I decided to show them how radical QCs can be. I ordered one...

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Website: https://hackernoon.com

Bitcoin Gold Mining Calculator - My Crypto Buddy

Diff change will be set to 0 for a month due to BTG being new

Bitcoin Gold Mining Calculator

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Date: 2017-12-22 10:04:56
Website: http://www.mycryptobuddy.com

Related topics : bitcoin price change calculator / bitcoin sell price prediction / bitcoin price change / bitcoin sell price calculator / bitcoin mining hardware sell

what are bitcoins and where do you get them | Bitcoin ...

Up one level

We are your source for complete information and resources for what are bitcoins and where do you get them.

S. dollar or other fiat currencies, but it's doubtful they'll be competitive with gold. Do you want me to predict the Bitcoin price for the next several months? In any case, any bitcoin generated will probably change hands dozens of time as a medium of exchange, so...

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Date: 2017-12-09 00:37:04
Website: https://bitcoin-investment.s3.amazonaws.com