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RE: You can still mine Bitcoin at a profit. (The Secret?)

in #bitcoin5 years ago

@hatu,
Are you talking about Energy > Bitcoin and Bitcoin > Energy?
If the problems were the problem of most mining company thus the alternative way to produce electricity such as solar power, Wind Mills power plants and etc.

Thus, Most users of Bitcoin Mining such as HashFlare lost profit in a way that the investment of users was not been refunded.

In the facts of downfall in bitcoin price and unrefunded investments of crypto users will be the reason to hardly believe right now in Mining Company Promises. Thus, crypto users hoping to earn and choose to invest in other stable cryptos rather than bitcoin.

Thus, Bitcoins drop to below 4000$. Users prefer to HODL and try other cryptocurrency which is staying to be stable than Bitcoin.

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