Mining rigs are getting cheaper primarily on account of a decline in bitcoin’s hashprice, the income miners generate per terahash of computing energy. This measure of profitability, which components in Bitcoin’s community problem, value, power prices, block subsidies and transaction charges, has been “uneven and steadily reducing” prior to now yr, Harper mentioned.
Bitcoin Miners Purchase up Rigs as Costs Close to All-Time Lows
previous post