Friday, January 27, 2023

Is mining Bitcoin profitable? Basic economics of cryptocurrency mining (Excel)

How profitable is it to mine cryptocurrencies? And how to figure out whether the mining is profitable? Today we investigate some simple economics of blockchain regarding mining difficulty and hashrate and the profitability of mining using various ASICs on three blockchains.

Don’t forget to subscribe to NEDL and give this video a thumbs up for more videos in Crypto, Finance, and Business!

Please consider supporting NEDL on Patreon:

Source link


Leave a Reply

Your email address will not be published. Required fields are marked *