7 Reasons Bitcoin Mining is Profitable and Worth It (2020)

bitcoin in Aotearoa

A sub to chat all things bitcoin in New Zealand.
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“Oy vey is it hot! I should just head back to the desert am I right? Anyways I have an investment lined up bubby. Have u heard of bitcoin? A close associate of mine Jon mcafee says 1 coin will be worth a mil in a year. So I say we start u out w/ a 10k initial Investment & then play it by ear.”

“Oy vey is it hot! I should just head back to the desert am I right? Anyways I have an investment lined up bubby. Have u heard of bitcoin? A close associate of mine Jon mcafee says 1 coin will be worth a mil in a year. So I say we start u out w/ a 10k initial Investment & then play it by ear.” submitted by PrettyDick69 to Mersh [link] [comments]

$1.98 Billion worth of revenue from NVidia came from Bitcoin Mining

$1.98 Billion worth of revenue from NVidia came from Bitcoin Mining submitted by itswilson8 to CryptoMarkets [link] [comments]

Transaction Mining The users can obtain STDEX through the Mining mode of "Transaction Mining". Every user reaching a trading volume of worth USDT 1 million within a 30 days period receives 100 STDEX. #StableDex #Blockchain #Ethereum #Bitcoin #IEO #Tokensale #cryptocurrency https://stabledex.io/

Transaction Mining The users can obtain STDEX through the Mining mode of submitted by lanrecool to CryptoKami [link] [comments]

$1.98 Billion worth of revenue from NVidia came from Bitcoin Mining - CryptoMeNow

$1.98 Billion worth of revenue from NVidia came from Bitcoin Mining - CryptoMeNow submitted by Cryptoboy88 to mac [link] [comments]

Bitcoin mine in Northeast China - Turnover of $1.5million worth of Bitcoins per month

Bitcoin mine in Northeast China - Turnover of $1.5million worth of Bitcoins per month submitted by zinnkio to videos [link] [comments]

Bitcoin Mining Scam Worth $1.3 Million Swindles Victims in Thailand

Bitcoin Mining Scam Worth $1.3 Million Swindles Victims in Thailand submitted by DrMai85 to AsiaCrypto [link] [comments]

Bitcoin Mining Scam Worth $1.3 Million Swindles Victims in Thailand

Bitcoin Mining Scam Worth $1.3 Million Swindles Victims in Thailand submitted by bitnewsbot to bitnewsbot [link] [comments]

$1.98 Billion worth of revenue from NVidia came from Bitcoin Mining - CryptoMeNowNew

$1.98 Billion worth of revenue from NVidia came from Bitcoin Mining - CryptoMeNowNew submitted by ulros to fbitcoin [link] [comments]

01-13 14:53 - 'First of all, that article was written with the agenda and bias of supporting Ripple XRP. It's worth noting that we have much bigger contributing factors to global warming than bitcoin mining. / Also consider the energy costs...' by /u/cryptogrip removed from /r/Bitcoin within 1-11min

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First of all, that article was written with the agenda and bias of supporting Ripple XRP. It's worth noting that we have much bigger contributing factors to global warming than bitcoin mining.
Also consider the energy costs of using any other mechanism for keeping track of assets, for reconciling them, for ensuring that books are well-ordered, running a cash-based economy, printing money, handling cash, pulling banknotes out of circulation and printing new ones, etc.
But to address your point there are potential solutions. One would be to recover the waste heat for heating homes and businesses. There are efforts to heat homes with exhaust from data centers for example.
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Author: cryptogrip
submitted by removalbot to removalbot [link] [comments]

09-10 18:33 - 'Each one of mine are still worth 1 Doge!' by /u/calis removed from /r/Bitcoin within 77-87min

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Each one of mine are still worth 1 Doge!
'''
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Author: calis
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With the shifting tides in Bitcoin mining, here's a hypothesis worth revisiting (from Core Dev meeting in summer '1… https://t.co/zL0GBRHCVO - Crypto Insider Info - Whales's

Posted at: August 27, 2018 at 06:32PM
By:
With the shifting tides in Bitcoin mining, here's a hypothesis worth revisiting (from Core Dev meeting in summer '1… https://t.co/zL0GBRHCVO
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
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submitted by cryptotradingbot to cryptobots [link] [comments]

What does this mean "automatic payout from 0,1 balance"? Is it 0.1 bitcoin worth of HUSH? from pool.miningspeed.com mining HUSH.

What does this mean submitted by macromicrogreens to gpumining [link] [comments]

How miners keep mining worth with 1/6 efficiency compare to beginning of the year ? /r/Bitcoin

How miners keep mining worth with 1/6 efficiency compare to beginning of the year ? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

I started mining Bitcoin 1.5 months ago with 2 miners. Just when i started, I lost 1 month worth of earnings in the Nicehash hack. And a week later (today) a chip in one of my miners failed.

Each miner has 2 chips now im stuck mining at 75% at capacity but i didn't want to screw things up even further taking them apart until i get more information on these miners.
submitted by ragnarkar to firstworldproblems [link] [comments]

Just started mining bitcoin today and noticed that i have 1.25k eur worth of bitcoin wtf

Just started mining bitcoin today and noticed that i have 1.25k eur worth of bitcoin wtf submitted by BigShaqLovesTheTing to u/BigShaqLovesTheTing [link] [comments]

12-20 10:43 - '1. No / 2. Not sure. People have done the sums and say it's not worth it unless you have lots of money to invest in specialised minings rigs - and lots of it. / 3. Cold storage, and only on exchange for the amount you are day tradi...' by /u/Adz86 removed from /r/Bitcoin within 0-7min

'''
  1. No
  2. Not sure. People have done the sums and say it's not worth it unless you have lots of money to invest in specialised minings rigs - and lots of it.
  3. Cold storage, and only on exchange for the amount you are day trading.
  4. Probably - check tax in your local country
  5. Easy - just sell it on the exchange same way you bought it. Each exchange charges their own fees - usually < 1%
  6. Not sure, maybe if you make a trading bot but I'm sure they already exist
  7. To the moon.
  8. If there was a global conflict - probably everything would crash, stock market, fiat, etc. Who knows what will happen to crypto.
  9. Futures is just wall street trading on future value of bitcoin, but not actually transferring any bitcoin in the process. Bitcoin Cash is a hard fork which is now trying to take over Bitcoin by using the Bitcoin brand awareness, redirection from bitcoin.com, and people with lots of money (Roger, Jihan) who want Bitcoin Cash to take over for personal vested interests. Insider trading and market manipulation is rampant. The community here acknowledges scaling is a problem, but we will resolve it ourselves, not Bitcoin Cash. If it was as simple as increasing the block size, we would have done it already. It's not a long term solution. I do not agree with the censorship on /bitcoin but I believe in Bitcoin.
Buy the dips, enjoy the ride, don't buy into the FUD.
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Author: Adz86
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5 Things You Need To Know About Bitcoin

  1. Bitcoin is a digital currency
  2. Bitcoin is generated through mining
  3. Bitcoins worth is constantly changing
  4. Bitcoins are stored on the Bitcoin network
  5. Bitcoin transactions are in an essence anonymous
Link to article
submitted by autobuzzfeedbot to buzzfeedbot [link] [comments]

Bitcoin mining contract - 100GH/s for 1 year - $500 - starts Jan 1st. Worth the investment?

For sale on ebay (uk, £296, about $500). Its from these guys, it looks legit:
http://cointerra.com/
Will this be profitable? At todays prices, im guessing yes, but the difficulty goes up very very fast right?
http://www.ebay.co.uk/itm/100-GH-s-1-Year-Bitcoin-Mining-contract-CoinTerra-/131050467507?pt=UK_Computing_Other_Computing_Networking&hash=item1e833770b3
edit: Jan 31st
submitted by s0ngsforthedeaf to BitcoinMining [link] [comments]

Is it worth mining at a rate of $1.5/day? /r/Bitcoin

Is it worth mining at a rate of $1.5/day? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

I'm $1 away from $20 worth of btc in my wallet & i can't get that $1 in bitcoin in most websites because its a small amount, & mining with NiceHash i'd need to wait 1 week for them to pay me out, So can i buy $1 btc from someone for $1 in PayPal? /r/Bitcoin

I'm $1 away from $20 worth of btc in my wallet & i can't get that $1 in bitcoin in most websites because its a small amount, & mining with NiceHash i'd need to wait 1 week for them to pay me out, So can i buy $1 btc from someone for $1 in PayPal? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

07-13 08:42 - 'I'm $1 away from $20 worth of btc in my wallet & i can't get that $1 in bitcoin in most websites because its a small amount, & mining with NiceHash i'd need to wait 1 week for them to pay me out, So can i...' (self.Bitcoin) by /u/Namoor3 removed from /r/Bitcoin within 8-18min

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I'll go first if u're a trusted person here or something, Like if u post here alot.
'''
I'm $1 away from $20 worth of btc in my wallet & i can't get that $1 in bitcoin in most websites because its a small amount, & mining with NiceHash i'd need to wait 1 week for them to pay me out, So can i buy $1 btc from someone for $1 in PayPal?
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Author: Namoor3
submitted by removalbot to removalbot [link] [comments]

Bitcoin mentioned around Reddit: What does this mean "automatic payout from 0,1 balance"? Is it 0.1 bitcoin worth of HUSH? from pool.miningspeed.com mining HUSH. /r/gpumining

Bitcoin mentioned around Reddit: What does this mean submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Mining in August 2018 - Still Profitable? - YouTube Is Bitcoin Mining Profitable RIGHT NOW In Early 2020 ... How Much Is 1 Bitcoin Worth? What Is One BTC Worth? - YouTube Is Mining Bitcoin Still Profitable in 2020? - YouTube What Do YOU Need to MINE ONE BITCOIN In 2020?! - YouTube

Mining bitcoin now demands more computational power than ever before, with mining difficulty reaching a new high of 17.35 trillion, up 9.89% from the previous record posted on July 1.. The new ... Bitcoin-Anhänger sind im Goldrausch: Sie schürfen so viel Digitalgeld, wie der Rechner hergibt. Doch was ist Mining überhaupt – und wie kann man daran mitverdienen? Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 BTC every 10 minutes, mining from their bedrooms. Successfully mining just one Bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020. QUICK TIP . Unless you have access to very cheap electricity, and modern mining hardware then mining isn’t ... Price: $1,03; Mining reward: 60 GRIN per block; Block time: 1m 28s; Zcash (ZEC) Zcash (ZeroCash) is a privacy coin that makes traders completely anonymous when transacting; thus it has attracted a lot of traders. Since its launch in 2016, the coin has managed to stay among the top 30 cryptos by market cap. Zcash transactions come with one of the smallest network fees, which makes it ideal for ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team.

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Bitcoin Mining in August 2018 - Still Profitable? - YouTube

Is mining Bitcoin BTC still profitable in 2020? Let's review mining profitability, Bitcoin, Bitcoin Cash, and Bitcoin SV. Block reward halving, network diffi... NEW CHANNELS: TechStockHouse: https://www.youtube.com/channel/UC8IzbdgN-IDXlWH0dNdgGag TechCryptoHouse: https://www.youtube.com/channel/UCp7Gqpl9Kqiggr_Rs03X... For more information: https://www.bitcoinmining.com and https://www.weusecoins.com What is Bitcoin Mining? Have you ever wondered how Bitcoin is generated? T... What if you use Antminer S9's to mine 1 Ethereum worth of Bitcoin? Would it make a big difference between GPU Mining the same 1 Ethereum? Let's find out just now when Bitmain anounced a new miner ... WANT FREE STOCK FAST? CLICK LINK And CLICK "SIGN UP NOW"! 💲💲💲 http://join.robinhood.com/jareds7 ALL VIDEOS ARE ONLY REPRESENTATIVE OF MY OPINION. ONLY INVEST...

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