Is Mining Still Profitable In October 2017

5 Oct 2017.

Is it still profitable to start a cryptocurrency mining business in 2016?.

Answered Oct 6, 2017 · Author has 1.6k answers and 4.2m answer.

As of November 2017, a regular home computer working alone, ie, not an application-specific integrated circuit (ASIC) and not part of a cloud mining network,

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23 Aug 2018.

At the end of our analysis period, the marginal profit of mining a bitcoin.

By the beginning of 2017, about 16 of the total 21 million bitcoins were mined.

At the end of the measurement period, only the Antminer S9 was still running on a profitable basis, so the losses.

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Miners will still be incentivized to validate the bitcoin blockchain because they will collect transaction fees from users. 21 Million Supply. In fact, there are only 21.

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15 Nov 2017.

[iii] This has given rise to the thriving bitcoin mining industry that now generates.

trading price between $300,000-$1,500,000 for mining profits to breakeven,

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25 Oct. 2017,

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