Topic: 85% of All Bitcoin Have Now Been Mined!!! - page 5. (Read 614 times)
In my opinion mining is not the most effective way to make money beginning last year. There are only huge mining farms have some profit. Most likely 2020 will be the last year for mining. As for Bitcoin, its price will increase, but I'm afraid that the entire stock of coins will be distributed between whales what will make big manipulations on the market
I think, at the next block halving you will see a short term massive drop in difficulty, as miners realise that they are suddenly going from profit to huge losses.
Over time it will re-stabilise, but i think the overall difficulty will remain significantly lower than pre-having.
That said, if any of us actually knew what was going to happen, then we'd be better off selecting the lottery numbers
J
Over time it will re-stabilise, but i think the overall difficulty will remain significantly lower than pre-having.
That said, if any of us actually knew what was going to happen, then we'd be better off selecting the lottery numbers
J
As the coins to be mined keeps decreasing the difficulty for the same keeps increasing. The best days for miners were 2017, and during the days of bitcoin priced around $3000 the electricity consumption, investment on mining equipments were high that could never get a profit. By those days a large number of mining firms were shut down. When bitcoin is mined 100% further the network fee on transactions will be received by the miners as their reward.
I think miners will continue to mine and I don't think people now are thinking themselves to mine since the difficulty of it increases per year.
That means next year will be more harder to mine than this year. Saying that, people will choose to invest than to mine, miners will continue to mine since the harder it will be mined, I hope, it will be more expensive. More users, more fees, miners will still continue to mine.
That means next year will be more harder to mine than this year. Saying that, people will choose to invest than to mine, miners will continue to mine since the harder it will be mined, I hope, it will be more expensive. More users, more fees, miners will still continue to mine.
I saw that today bitcoin has increased in price and this has made me interested in looking for news about bitcoin and I found this article which in my opinion might affect the rise in bitcoin prices today. try you see this article
https://www.trustnodes.com/2019/08/01/85-of-all-bitcoin-have-now-been-mined
what makes me interested in this news is the statement that "Just circa half a million coins (about $ 5 billion) are now left to be mined until next year when the block rewards are halved to ₿6.25 from the current ₿12.5" the statement made me asking "is mining next to bitcoin still existing (effective)? or will people start leaving to mine bitcoin?"
What do you think? are your thoughts the same as mine?
https://www.trustnodes.com/2019/08/01/85-of-all-bitcoin-have-now-been-mined
what makes me interested in this news is the statement that "Just circa half a million coins (about $ 5 billion) are now left to be mined until next year when the block rewards are halved to ₿6.25 from the current ₿12.5" the statement made me asking "is mining next to bitcoin still existing (effective)? or will people start leaving to mine bitcoin?"
What do you think? are your thoughts the same as mine?
85% are ready and things are getting harder for the rest. The degree of difficulty will increase and block prizes will be halved next year. That's when the real show starts.
The bitcoin mining is effective, the last bitcoin will be mined somewhere in 2140.
As of today, to mine 1 bitcoin there are necessary resources with a value of approximately 12 000 USD (energy, electronic equipment, buildings, air conditioning, man power etc).
This is why the price of 1 bitcoin is going up, because every product in this world has the price of the work and resources necessary to manufacture it.
As of today, to mine 1 bitcoin there are necessary resources with a value of approximately 12 000 USD (energy, electronic equipment, buildings, air conditioning, man power etc).
This is why the price of 1 bitcoin is going up, because every product in this world has the price of the work and resources necessary to manufacture it.
I saw that today bitcoin has increased in price and this has made me interested in looking for news about bitcoin and I found this article which in my opinion might affect the rise in bitcoin prices today. try you see this article
https://www.trustnodes.com/2019/08/01/85-of-all-bitcoin-have-now-been-mined
what makes me interested in this news is the statement that "Just circa half a million coins (about $ 5 billion) are now left to be mined until next year when the block rewards are halved to ₿6.25 from the current ₿12.5" the statement made me asking "is mining next to bitcoin still existing (effective)? or will people start leaving to mine bitcoin?"
What do you think? are your thoughts the same as mine?
https://www.trustnodes.com/2019/08/01/85-of-all-bitcoin-have-now-been-mined
what makes me interested in this news is the statement that "Just circa half a million coins (about $ 5 billion) are now left to be mined until next year when the block rewards are halved to ₿6.25 from the current ₿12.5" the statement made me asking "is mining next to bitcoin still existing (effective)? or will people start leaving to mine bitcoin?"
What do you think? are your thoughts the same as mine?
Jump to: