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Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings

Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in RankingsIn July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and it’s the Blake3 algorithm that’s taking the lead, with alephium (ALPH) miners raking in an estimated $40.53 in daily profits. Blake3 Tops PoW Mining, Followed […]

Crypto Strategist Sees Bitcoin Potentially Rallying to $68,000 – But There’s a Big Catch

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining RigsDuring the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]

Crypto Strategist Sees Bitcoin Potentially Rallying to $68,000 – But There’s a Big Catch

Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than BitcoinAs the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326 per […]

Crypto Strategist Sees Bitcoin Potentially Rallying to $68,000 – But There’s a Big Catch