Bitcoin News
Latest Crypto from multi News Outlets
  • bitcoinBitcoin (BTC) $ 23,043.00 1.07%
  • ethereumEthereum (ETH) $ 1,576.47 2.16%
  • tetherTether (USDT) $ 1.00 0.12%
  • usd-coinUSD Coin (USDC) $ 1.00 0.13%
  • bnbBNB (BNB) $ 306.42 0.72%
  • xrpXRP (XRP) $ 0.410835 0.63%
  • binance-usdBinance USD (BUSD) $ 1.00 0.39%
  • cardanoCardano (ADA) $ 0.383057 0.93%
  • dogecoinDogecoin (DOGE) $ 0.088280 0.79%
  • matic-networkPolygon (MATIC) $ 1.14 2.67%
  • okbOKB (OKB) $ 38.90 7.1%
  • solanaSolana (SOL) $ 24.04 2.53%
  • staked-etherLido Staked Ether (STETH) $ 1,575.10 2.15%
  • polkadotPolkadot (DOT) $ 6.42 2.75%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 0.37%
  • avalanche-2Avalanche (AVAX) $ 20.74 6.31%
  • litecoinLitecoin (LTC) $ 88.21 0.78%
  • tronTRON (TRX) $ 0.063106 1.73%
  • daiDai (DAI) $ 1.00 0.08%
  • uniswapUniswap (UNI) $ 6.64 3.22%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,005.00 0.97%
  • cosmosCosmos Hub (ATOM) $ 13.19 1.9%
  • the-open-networkToncoin (TON) $ 2.50 1.23%
  • chainlinkChainlink (LINK) $ 7.22 2.66%
  • leo-tokenLEO Token (LEO) $ 3.78 1.41%
  • moneroMonero (XMR) $ 185.50 3.1%
  • ethereum-classicEthereum Classic (ETC) $ 21.77 1.69%
  • aptosAptos (APT) $ 18.19 0.03%
  • bitcoin-cashBitcoin Cash (BCH) $ 132.80 1.98%
  • stellarStellar (XLM) $ 0.092989 0.3%
  • apecoinApeCoin (APE) $ 6.03 4.66%
  • quant-networkQuant (QNT) $ 149.08 3.11%
  • nearNEAR Protocol (NEAR) $ 2.47 4.32%
  • crypto-com-chainCronos (CRO) $ 0.081351 0.63%
  • filecoinFilecoin (FIL) $ 5.27 2.32%
  • lido-daoLido DAO (LDO) $ 2.29 6.07%
  • algorandAlgorand (ALGO) $ 0.257823 0.15%
  • vechainVeChain (VET) $ 0.024096 3.96%
  • internet-computerInternet Computer (ICP) $ 6.02 1.2%
  • hedera-hashgraphHedera (HBAR) $ 0.067277 4.39%
  • axie-infinityAxie Infinity (AXS) $ 11.40 2.03%
  • decentralandDecentraland (MANA) $ 0.711173 3.03%
  • aaveAave (AAVE) $ 84.26 4.21%
  • eosEOS (EOS) $ 1.10 2%
  • the-sandboxThe Sandbox (SAND) $ 0.744497 1.11%
  • fantomFantom (FTM) $ 0.451474 6%
  • elrond-erd-2MultiversX (EGLD) $ 44.80 0.47%
  • flowFlow (FLOW) $ 1.06 3.97%
  • theta-tokenTheta Network (THETA) $ 1.08 3.92%
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000175 1.15%

Understanding Bitcoin Network Hash Rate Increases


This is an opinion editorial by Alex, a bitcoin miner with Kaboomracks.

It is important for individuals looking at bitcoin mining for the first time to understand the importance of Bitcoin’s difficulty adjustment as well the impact this has on mining profitability. Many newcomers to bitcoin mining will consult the profitability of an ASIC on a mining calculator, expecting that that profitability will stay relatively the same going forwards in the future. This is a misunderstanding as the profitability of any given machine, trends downwards over time. Increases in difficulty should be understood before purchasing an ASIC.



Read More: Understanding Bitcoin Network Hash Rate Increases

Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. NewsOfBitcoin.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Leave A Reply

Your email address will not be published.