New research from Diar showed that the BTCOIN mining revenues for the first six months of 2018 had already exceeded the results in 2017, but for the first time the mining process became unprofitable for most metals compared to electricity prices.
Diar 's research indicates that electricity prices, along with higher participation by major mining companies, have pushed small - scale mining out of the market. According to the report, bonuses and fees for BTCOIN metals are US $ 4.7 billion in the first three quarters of 2018, more than US $ 1.4 billion compared to earnings in 2017. Mineralians continue to earn 54,000 BTCOIN per month..
But for small mining operations, the rising cost of electricity to support increasingly sophisticated computing mechanisms in mining has transformed BTCOIN mining into a losing investment. This is a major change to the BTCOIN metals, making it impossible for the two metals to get a profit from these operations under normal circumstances.
To maintain the dominance of BTCOIN on the network, the company must maintain the profitability of mining for retailers by controlling the fragmentation power at all times and shifting operations between Chinese and US metal to ensure profitability.
