Bitcoin Mining Profitability

After a major difficulty adjustment rise, hash price heads for new lows as miners’ profitability gets squeezed.

Bitcoin mining is an incredibly difficult industry to start out in and all of its complexities may be lost on those unaware.

In addition to profits, bitcoin mining can also offer consistent electricity demand and can clean up the air by utilizing electricity made from wasted methane.

The bitcoin price tends to be cyclical, and we’re all trying to time the bottom. Can hash ribbons be the metric that predicts it?

Mainstream financial audiences are now paying attention to miner extractable value (MEV), and bitcoin investors should too.

Bitcoin mining company, Luxor, has launched indices that track hash rate price and cost of ASIC miners in order to analyze the various costs related to mining.

The trend of falling hash price will force weaker miners to unplug, find more efficient energy sources and/or sell off machines or bitcoin holdings.

The relationship between energy prices, hash rate, difficulty and the bitcoin price will be extremely important as the price of energy rises.

Analyzing the changes in average hash rate to measure miner capitulation in the bitcoin market can be a market indicator for miner capitulation.

If you care about the health of the Bitcoin network, you should consider mining bitcoin at home. Here’s how you can get started.