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2018-11-25 19:30:56

Bitcoin Mining ASICs Sold by Weight as Profits Dry Up

Bitcoin’s price rise in late 2017 gave way to a mining “gold rush” of sorts. Bitcoin ASICs, the machines used to mine the cryptocurrency, were being sold for thousands of dollars by chip manufactures. But with the ever-rising difficulty due to more miners joining the network, along with the massive price decline, it’s becoming impossible...The post Bitcoin Mining ASICs Sold by Weight as Profits Dry Up appeared first on Live Bitcoin News.