Bitcoin price declines, bitcoin mining is not profitable. - 17.Mar.2018
Currently it is in the crypto currency, falling, and mining activities are temporarily not profitable.
The miners are likely to stop the mining business if the price of bit coins falls to around $ 3,000 or $ 4,000.
But China 's Bitcoin miners probably will continue mining even if the BTC price goes down to a level that will result in losses. There is another incentive to send profits overseas and separate them from the Chinese government's regulation of funds.
Electricity bills for crypto currency mining are also rising, so some critics are more concerned about negative environmental impacts than profits.
For future viewers: price of bitcoin at the moment of posting is 8157.40USD
hi @steemzm , It's great post bitcoin! I enjoyed your content. Keep up the good work!
It's always nice to see good content here on Steemit! Cheers :)
Jason21 of kryptonia
nice post, keep it up. kryptonia @chetachi
This is your friend @sorenkierkegaard: kryptonia EDENJEVY C. OLIVEROS
Yes, mining is not profitable at the moment. I was looking at cloud mining and looking at how much my projected score would be. Complete joke I'm telling you, you would actually lose your money if you go in now. Vincent Mbatha, kryptomania
100% Kryptopia upvote. Good information.
Kryptonia username duquejunalyn
You got 3x upvote by @upne.