Daily Crypto News | Giga Watt Mining Goes Bankrupt | BCHSV Hashrate Surpasses BCHABC | More!

in #crypto-news6 years ago

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I don't think big mining firms get bankrupt. Bitcoin is still highly profitable in mining. The hash rate decreases as price drops and small miners drop out making it cheaper to mine bitcoins.

You are one of the hardest working guys in crypto bro, keep up the hard work - we shall persevere through this bear cycle.

I am curious how it will turn this year. It seems to me like the opposite of last year.

Love the #HODL ME t-shirt Omar.\n\nKeep STEEM N ON,\nFrank

Posted using Partiko Android

It's crazy Giga-Watt went bankrupt. I was looking at sending some miners to them. Then, again, that was when I was mining ... you know, when it was profitable. So, I guess it's not too crazy if the profits turn into unpaid electricity bills.

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