Diar: BTC Mining Becomes Unprofitable, Big Players Pick Up the Torch

According to the recent report by Diar, the mining of Bitcoin steadily becomes cost-ineffective for individual and small private miners. Even though Diar admits, the statistics show that rewards and revenues for the miners have reached $4.7 billion during the first three quarters of 2018. It is $1.4 billion bigger than the value for the entire 2017. Miners still make 54,000 BTC monthly.

Nevertheless, the overall picture is getting darker, while only large companies will soon be able to mine Bitcoin -- this is due to the increasing energy prices. Diar’s assessments show that mi
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