Mining is not dead: the difficulty of mining Bitcoins has increased by 10 percent
Source:
Late autumn was not the best period for miners . Due to low profitability, many have been forced into this business, which led to a sharp drop in Hasrat network cryptocurrency. By the end of 2018, the situation began to change in the opposite direction — in December, the Bitcoin difficulty increased, indicating that the return of miners to the market.
theMine profitable again?
According to the services Blockchain and Wisdom, after the last recalculation of the complexity of bitcoin has grown 10 percent. Since July of this year, the difficulty of Bitcoin fell a few times due to low revenue from mining.
In General, the year 2018 was the most memorable period in the industry of mining BTC. For the first time in seven years the complexity of Bitcoin has fallen several times in one year — in July, October, November and December. The largest shift occurred just in December, when the complexity at one point dropped to 15.1 percent.
Source: Bitcoinist
«» main cryptocurrency immediately began to move her opponents. They considered the fall Hasrat Bitcoin good indication that the project is Satoshi Nakamoto already on its way to complete oblivion. Cryptomnesia Alistair Milne denies such statements, resulting in evidence fresh evidence of change in complexity.
Remember the Bitcoin mining death spiral FUD? Mining difficulty just adjusted +10%
— Alistair Milne (@alistairmilne)
The fact that the departure of a large number of miners did not lead to serious problems, says about the ability of Bitcoin «self-regulate». Coin continues «live» and develop even though everything about its imminent collapse.
Earlier, the Bitcoin maximalist Jimmy song said that the decentralised nature of the main cryptocurrencies will be the main reason for its separation from the market altcoins in the future. On the prospects of mining in 2019 read .
What do you think about this? Share your thoughts in our .
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