The difficulty of Bitcoin mining has reached a historic high. The "spiral of death" is canceled

Date:

2019-06-05 01:30:08

Views:

119

Rating:

1Like 0Dislike

Share:

The difficulty of Bitcoin mining has reached a historic high. The

Rising above $ 8,000 a very positive impact on the mining of cryptocurrencies. Profits went up and the business began to expand after the next recalculation of the difficulty of mining Bitcoin has reached a historic high.

Recall that in December last year Professor at the University of Santa Clara Atulya sarin said that due to the fall in the profitability of mining Bitcoin and will depreciate to zero. Fortunately, this scenario did not become reality.

How profitable mine Bitcoin?

Features of production digital asset explained known cryptoanalysis Andreas Antonopoulos.

If the miners are waiting for the allocation of complexity, they are getting more profit potential because after that the ratio of their Hasrat Hasrat common to all members of the network above. For example, Hasrat falls by 50 percent. The miner continues to mine crypto-currency and is waiting for allocation, after which his profit potential grows twice.

In Addition to increasing complexity, the number of transactions in BTC also began to increase rapidly. All of this suggests a positive fundamental background around Bitcoin. Earlier, the economist Bart Smith in recent months.

But chief commercial Director BitPay Sonny Singh, there are four preconditions to the growth of Bitcoin.

the
    the
  • creating a JPM Coin. And although the project of centralized digital currency from the investment Bank technically does not intersect with BTC, it stirs interest in the blockchain among large investors.
  • . Thursday Texas tech giant has announced to accept payments in cryptocurrency for their services. Customers can pay through BitPay. the

  • Popular Cash App. using the app Square was purchased a few tens of thousands of bitcoins. The company has made a huge contribution to the development of infrastructure of the stock market.
  • the
  • Custodial solution from Fidelity Investments. Thanks to a new range of services to major clients of the Fidelity received the opportunity to invest in the crypt.

If you too want to capitalize on the growth of the stock market, visit a mining pool . Farm for mining cryptocurrency will help you to configure our subscribers .

Recommended

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Rally Bitcoin — deception. Well-known economist advises to invest in gold

Director of Euro Pacific Asset Peter Schiff does not see anything supernatural in growth . Recall that the main cryptocurrency has already risen by 179 percent since the beginning of 2019 and is now trading at the level of $ 8540. According to Schiff...

May 2Miners: run pools Aeternity, the debut 2CryptoCalc and software upgrades

May 2Miners: run pools Aeternity, the debut 2CryptoCalc and software upgrades

the Last month of spring proved to work. The team started working on launching (AE), the addition of which the majority voted representatives of the community. Calculator profitability of mining Alexei Rubin moved to the domain and now will develop e...

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Binance DEX followed in the footsteps of Binance. Critics aktiviziruyutsya

Binance DEX followed in the footsteps of Binance. Critics aktiviziruyutsya

on the one hand, cryptocurrencies overcome a bear market and show growth on all fronts. On the other hand the crypto currency exchange once again forced to fight for competitiveness with the current improvement of the situation. T...

On the chart Ethereum is formed of a rare bullish pattern

On the chart Ethereum is formed of a rare bullish pattern

Despite strong pressure from the bears after the recent drain , still managed to recover and approach the line 270 dollars. According to several analysts from Twitter, the cryptocurrency might soon form a bullish pattern on chart,...

What is the main difference of the current bullrun from the previous one?

What is the main difference of the current bullrun from the previous one?

Now the price is once again experiencing a rapid ascent. Over the past two months the asset has risen at least twice, and only in may the price went up $ 2000. In December 2017 the coin drew similar graphs before finally jumping t...