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Bookmarking Crypto InsightsWed, 25 Apr 2018 17:00:41 +0000en-US
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3232Bitcoin Hash Rate Remains Strong Despite Massive Price Dip in Q1
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Wed, 25 Apr 2018 17:00:41 +0000https://www.digit.info/2018/04/25/bitcoin-hash-rate-remains-strong-despite-massive-price-dip-in-q1/Read more]]>Even though the first three months of 2018 were not positive for all cryptocurrencies, it seems some things will never change. Over the past few months, the Bitcoin and Bitcoin Cash hash rates have remained virtually unchanged. Although there have been some temporary dips, the overall uptrend is still firmly intact. Bitcoin Hash rate Remains Unchanged Anyone with a keen interest in cryptocurrency knows that Bitcoin miners need a certain value per BTC to break even, let alone make a profit. If this value drops below that threshold, mining the world’s leading cryptocurrency quickly becomes unprofitable for most smaller mining operations. The exact figure
Even though the first three months of 2018 were not positive for all cryptocurrencies, it seems some things will never change. Over the past few months, the Bitcoin and Bitcoin Cash hash rates have remained virtually unchanged. Although there have been some temporary dips, the overall uptrend is still firmly intact. Bitcoin Hash rate Remains Unchanged Anyone with a keen interest in cryptocurrency knows that Bitcoin miners need a certain value per BTC to break even, let alone make a profit. If this value drops below that threshold, mining the world’s leading cryptocurrency quickly becomes unprofitable for most smaller mining operations. The exact figure