The relevance of mining Scrypt or after Halvinga earn even more cloudy Mining

in #bitcoin8 years ago

 It's  no secret that the complexity of finding a new block in the Bitcoin  network is growing faster and faster, and the war sha-256 miners  continues, and the development of cloud services mining only accelerates  the process. But this is not the main July 9, 2016 there was a halving (Halving  welcome rewards online www.bitcoinblockhalf.com timer unit) which  reduced the profitability of miners exactly half.

Hashrate Bitcoin network

 Complexity of finding new block Bitcoin 

Revenue of mining Bitcoin 

In light of the above fundamental factors Litecoin situation looks much more positive. And the complexity of the computation blocks and Hashrate networks have long does not show sustained growth. Also that is important, as opposed to the situation with Bitcoin, Litecoin does not shine in the near future, no cuts production of coins. (Online www.litecoinblockhalf.com timer)

 Hashrate Litecoin network 


  The complexity of the Litecoin network 

But the most important factor in favor of buying it Scrypt cloud of mining contracts is a high degree of correlation Litecoin off course. The last and the best example of the explosive growth of Bitcoin course correction and then again rise on expectations of halvinga. (As many are confident in the impact Brexit)

  Bitcoin Exchange Rate Huobi (D1) 

 Litecoin Exchange Rate Huobi (D1) 

From  all the above, you can easily conclude that it is much more profitable  to buy it on contract Scrypt rather than sha-256 mining and rightly so. Numerous  monitoring of mining resources of the cloud saying the same thing, for  example, the rating of such a reputable site like bitmakler. The conclusion is obvious Mining Scrypt perspective of continuing the  so-called Bitcoin miners arms race looks much more favorable, but there  is a small detail - Scrypt payments are usually made in Bitcoin because  this is important and interesting about what I hope we will discuss in  the next article.
 

To be continued ... 

P.S.  From Russia with love ... (link to the original in Russian) 

Sort:  

Good to know ◕‿◕, good job.

"Its gold for nerds." - Stephen Colbert

Congratulations @bitcointime! You have received a personal award!

Happy Birthday - 1 Year on Steemit
Click on the badge to view your own Board of Honor on SteemitBoard.

For more information about this award, click here

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @bitcointime! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 60569.85
ETH 2584.47
USDT 1.00
SBD 2.69