According to new estimates from analytics firm Tradeblock, the cost of mining a single Bitcoin is expected to cross $12,500 after the network undergoes another [...]
The post Tradeblock Expects Bitcoin Mining Costs to Touch $12,500 appeared first on InsideBitcoins.com.
read whole article

Related Links

  1. Bitcoin mining could sink if the ‘halving pump’ fails
  2. Below $5,700: Bitcoin Plunges to Lowest Price in Over 12 Months
  3. Bakkt Opens Bitcoin Futures Trading, Clocks 29 Contracts in First 12 Hours
  4. Bitcoin (BTC) Back Over $5,500, Similarities to 2017 Starting to Show - Ethereum World News
  5. Ahead of Bitcoin Cash Fork, Mining Power Still Favors SV
  6. A Bitcoin Price of $15,000 Will Make BTC Mining Profitable Post Halving
  7. Halving simplified. The #Bitcoin mining reward halves every 210,000 blocks (~4 years). This creates market cycles. The next halving happens in 3 months. The mining reward will drop from 12.5 to 6.25 BTC. 50% less #BTC produced. Exponential growth in users. You do the math!
  8. Suspected Electricity Thief Arrested After Mining $3 Million in Bitcoin, Ether
  9. Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
  10. Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019