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Author Topic: Is the efficiency of mining BTC gone?  (Read 388 times)
mohammedmattar
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December 10, 2018, 09:09:47 PM
 #21

I think we are at a crucial stage
In other words, this stage is the stage of big companies
Or miners capable of using the best mining equipment
Along with their ability to keep the currency until the price rises.
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kamBlanV
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December 10, 2018, 10:23:11 PM
 #22

BTC mining is not lost, if BTC mining is lost, then we will not see the hash battle, because the hash battle must sell a lot of BTC to win. between BCHSV and BCHABC.

and that big sale will not happen without miners.

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December 10, 2018, 10:43:59 PM
 #23

mining will not gone, if the miner is gone, then the existence of the crypto world will not survive. Today, we see many miners having extraordinary mining equipment.

because they understand, that mining in the future will be more difficult.
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December 11, 2018, 03:58:57 AM
 #24

Now mining Bitcoin is unprofitable, but if the price of Bitcoin starts to grow, then all investments pay off quickly. I think now many have abandoned mining
I also agree with you, now mining is being abandoned.
I have an interesting link about this, this is the fact that miners started selling their equipment.
https://bitcointalk.org/index.php?topic=5082887.new#new

Some misleading comments here

Bitcoin mining is not profitable for some miners at the moment, others, the vast
majority are mining away no problem.

Not every miner has the same costs, electricity varys different from country to
country.

Some miners are selling equipment because there is new hardware coming
onstream shortly and as the markets are down this is a perfect time to sell.

Not totally gone. Maybe bitcoin will lay low to its popularity because some of the time like stakes there are times the prices are going low and some sort of time it will go higher than expected. Many of the mining companies are lay low it depends on the situation of the country thru mining. But their time that mining is popular and many supportive government and businessmen are investing in the mining industry.

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