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RE: Overview Of The Key Bitcoin Metrics | Supply, Activity, Hash Rate, Wallets, Transactions| November 2020

in LeoFinance • 3 years ago

as always, congratulations for the really well done and accurate graphics.

I wonder if between two or three halvings it will still be convenient to mine Bitcoin should the hashrate increase, a very likely event.

Everything will depend on the price of Bitcoin in the coming years. how can you not be bullish?

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3 years ago in LeoFinance by
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     3 years ago  

    Thanks!
    The hash rate has been constantly growing, meaning miners keep mining :)
    Is it profitable or not depends on a lot of factors, electricity price and equipment some of the most important ones.

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       3 years ago  

      absolutely yes, in fact, for electricity costs, miners prefer China as the cheapest.

      The equipments are more and more updated and new generations wuelle guarantee a reduction of the necessary energy.

      Surely large companies are already working on even more eco-sustainable products for the next few years. there really is big business

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