http://www.pymnts.com/news/2016/is-bitcoin-mining-making-a-comeback/
Quote
The interest in bitcoin mining is about as volatile as bitcoin itself; it changes with the value of the digital currency.
Now, new reports indicate that bitcoin mining popularity may be on the rise since bitcoin is getting more attention — and, of course, increasing in value. When bitcoin was at its peak in 2013 (over $1,100), there were more resources to invest in the practice (adding transactions to bitcoin’s public ledger, AKA the blockchain).
What happened in 2013 resulted in a lot of new bitcoins being generated and the value of the digital currency skyrocketing from basically nothing to making some successful miners very wealthy. And then bitcoin hit a slump, diving in 2015 to a low of $183, which put a lot of individual miners out of the industry.
...
Now, new reports indicate that bitcoin mining popularity may be on the rise since bitcoin is getting more attention — and, of course, increasing in value. When bitcoin was at its peak in 2013 (over $1,100), there were more resources to invest in the practice (adding transactions to bitcoin’s public ledger, AKA the blockchain).
What happened in 2013 resulted in a lot of new bitcoins being generated and the value of the digital currency skyrocketing from basically nothing to making some successful miners very wealthy. And then bitcoin hit a slump, diving in 2015 to a low of $183, which put a lot of individual miners out of the industry.
...