CryptoTracker.pl - kursy kryptowalut logo CryptoTracker.pl - kursy kryptowalut logo
CCN 2019-04-21 18:46:52

Bitcoin Mining Finally Profitable – Does That Prove We’re in a Bull Market?

By CCN: According to Alex Krüger, an economist and a global markets analyst, the breakeven cost for efficient bitcoin mining operations currently hovers at around $3,550. The bitcoin mining operational breakeven for efficient mining operations currently stands around $3550. pic.twitter.com/gQrNYBcvLH — Alex Krüger (@krugermacro) April 21, 2019 Across major cryptocurrency markets, the bitcoin price is at $5,265, which for miners presents a substantial profit per every block mined considering the breakeven price of $3,550 and the potential appreciation of bitcoin. Does it Mean the Start of a Bitcoin Bull Market? While the analysis Krüger uses the rate of electricity at The post Bitcoin Mining Finally Profitable – Does That Prove We’re in a Bull Market? appeared first on CCN

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer