Researchers: miners earn more of the cryptocurrency speculators

Date:

2018-03-28 23:00:04

Views:

3472

Rating:

1Like 0Dislike

Share:

Researchers: miners earn more of the cryptocurrency speculators Source:

Researchers at the University of California produced a series of calculations in which came to the conclusion that speculation much less profitable than mining, and — writes Cryptovest.

A Group of researchers analyzed the potential revenues from mining and compared it with speculation nearly two dozen altcoins. While Bitcoin, Litecoin, and Ethereum, along with other popular cryptocurrencies in the research are not accepted.

In the course of the research, the scientists took a real trade data and took into account the cost of mining, after which they came to the conclusion that the income from mining more stable and less risky than trying to make money on speculation Althingi. The return of investment in mining ranged from 7 to 18 percent, while the speculators got from -1 to 0.5 percent of income.

For the sake of Objectivity, the researchers report that the cryptocurrency market is very unstable, and the study lasted only a few days, so the forecast issued by experts, should be considered short-term. Huang said that if the study lasted more than a week, and the results could be completely opposite.

We Have a chat for discussion and waiting for new subscribers! On the topic of high technology, we invite you to chat in private . Welcome!

Recommended

To work with PDF difficult? Try this app

To work with PDF difficult? Try this app

PDFelement — a powerful processor to work with PDF Many of us somehow have to work with documents in PDF format. One needs it in the office, others just prefer to share documentation in PDF format as it is convenient to use and economical in ba...

How to get started with the training of neural networks

How to get started with the training of neural networks

No machine learning can not work none of the neural network. a few years ago neural networks were something outlandish. Now this tool is mastering more and more people. And this industry is evolving at an incredible pace: recently, the neural network...

Why China began to raise pigs the size of a polar bear?

Why China began to raise pigs the size of a polar bear?

Pigs can weigh more than a ton In the article about the successful establishment we mentioned that is one of the largest consumers of pork meat. However, at the moment, Asia is widely distributed so-called African swine fever. This disease is not for...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Analysts: Chinese ASIC miner Ether spoil sales of AMD and NVIDIA

Analysts: Chinese ASIC miner Ether spoil sales of AMD and NVIDIA

we had Not the Chinese company Bitmain just a couple of weeks ago to introduce a new ASIC miner designed for mining cryptocurrency Monero, as after a few days, with the public announcement of a new device, this time «imprison...

The Boring Company will start selling

The Boring Company will start selling "LEGO" from the extracted during the digging of the tunnels of the earth

Extracted by digging tunnels in the earth not in vain. The Boring Company and Elon Musk decided to put it into action and begin to sculpt resembling LEGO bricks, from which it will be possible to build something. This was reported...

Analysis: break-even Point of mining bitcoin is around $ 2,400

Analysis: break-even Point of mining bitcoin is around $ 2,400

a Blockchain Company DMG Solutions, specializing in and using the blockchain restricted in supply chains, has made calculations, which showed a bitcoin price below which production becomes unprofitable. According to analysts, the ...

Because of the batteries of the Tesla one-third of the electricity went to the Australians for free

Because of the batteries of the Tesla one-third of the electricity went to the Australians for free

Tesla Powerpack working too fast, so 30 to 40 percent of the electricity submitted to the Australian power grid with energy storage systems Powerpack, got the country for free. For «speed feed» electricity simply do not ...

Russian miners will turn off their farms in the

Russian miners will turn off their farms in the "Earth Hour"

the Annual event «Earth Hour» is an initiative of the world wildlife Fund. The aim of the campaign — to draw attention to the problems of our planet. During the campaign, WWF calls on all concerned to turn off thei...

Analyst: the Blockchain is committed to protecting the personal data on the Internet

Analyst: the Blockchain is committed to protecting the personal data on the Internet

the Scandal from the social network Facebook does not subside, and various analysts and security experts are not tired to talk about how to deal with it, simultaneously offering their own methods of solving problems. So, on one of...

Elon Musk has removed the page of Tesla and SpaceX on Facebook

Elon Musk has removed the page of Tesla and SpaceX on Facebook

Mass action «Remove Facebook» (#deletefacebook) continues to gain momentum. Dissatisfied with the large-scale leak of personal data of users of the social network urge everyone to boycott Facebook. The action is supporte...

Google is working to create a cloud blockchain solutions

Google is working to create a cloud blockchain solutions

a number of sources reports that Google Inc. not only working on their own variation , but developing a range of cloud solutions based on it. According to Bloomberg and its informants, so the search giant intends to strengthen its...

#deletefacebook that struck the giant: Facebook

#deletefacebook that struck the giant: Facebook "lost" 50 billion dollars

March 2018 was for Facebook is clearly not the best month: when the company needs to show growth, it loses $ 50 billion market capitalization. The reason for this was a huge data breach of 50 million users of the social network, w...

Bitfury Group opens Russian office

Bitfury Group opens Russian office

Bitfury Group — the largest mining company outside of China. It has several offices located in the United States, several European countries and Georgia. Valery Vavilov, the CEO, continues to develop his creation by opening ...

Rostelecom bought the operating system Sailfish

Rostelecom bought the operating system Sailfish

the Press service of the «Rostelecom» that the largest Russian telecommunication company acquired 75% of shares in "Open mobile platform" and "Patrone", the companies responsible for developing an operating system Sailfi...

Cryptocurrency debit card uses AI to commit the best deals

Cryptocurrency debit card uses AI to commit the best deals

Opportunities to pay with bitcoin every day there are more — this is one of the evidence that the cryptocurrency is becoming more popular and begin to be taken seriously. However, such deals are still rare and relatively dif...

Ubisoft will examine the blockchain and use it in games

Ubisoft will examine the blockchain and use it in games

the Famous French company video game publisher Ubisoft announced that began to explore the blockchain and the possibility of its application in their video games and services. Now the technology is widely studied by experts of the...

In the UK trains will run on solar energy

In the UK trains will run on solar energy

Engineers from the Imperial College of London proposed to place solar panels along the tracks and feeding the resulting electricity directly to the propulsion system of trains, bypassing the grid. According to them, this helps to ...

Microsoft and Xiaomi entered into a cooperation agreement

Microsoft and Xiaomi entered into a cooperation agreement

At the end of October 2017, the head of Microsoft Sathya Nadella visited the retail shop of Xiaomi in Beijing. During the visit the head of the Redmond IT giant was accompanied by Lei Hong, founder and Chairman of Xiaomi and Wang ...

Analysts: mining company Bitmain has earned more than NVIDIA over the past year

Analysts: mining company Bitmain has earned more than NVIDIA over the past year

the Company Bitmain Jihan Wu and Zhang Mikri founded in Beijing just four years ago. During its existence, Bitmain has not only become one of the largest miners of cryptocurrency, but has become a significant player in the market ...

Chinese engineers have introduced the concept of a hypersonic passenger aircraft

Chinese engineers have introduced the concept of a hypersonic passenger aircraft

Experts from the Chinese Academy of Sciences developed a concept of a hypersonic passenger aircraft. According to engineers working on the project, their plane can fly the distance between Beijing and new York in two hours. Projec...

Service Crystal will complicate the life of bitcoin criminals

Service Crystal will complicate the life of bitcoin criminals

Recently, the company Bitfury Group, one of the largest industrial miners, has developed a service Crystal that can help to calculate the criminal activities in the network . From the press release was pretty difficult to understa...

Elon Musk resigned from the Board of Directors of OpenAI, but there's a plus

Elon Musk resigned from the Board of Directors of OpenAI, but there's a plus

non-profit research organization OpenAI, the development of artificial intelligence, announced that Elon Musk, one of its main sponsors and founders, left the chair, which he occupied in the Board of Directors of the organization....

Bigelow Space Operations will begin to sell the space station

Bigelow Space Operations will begin to sell the space station

Bigelow Space Company, known for creating inflatable module BEAM, which is 2016, work on the ISS, will provide commercial manufacturing space station which is going to be sold to NASA, other national space agencies and even privat...