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Bitcoinist
2019-12-12 13:30:26

Bitcoin Mining Experiences Worst Year in Half a Decade

Bitcoin miners held a stunning competition in 2019, lifting both the hashrate and difficulty to all-time highs. But it turns out for significant stretches, mining pools absorbed serious losses. Bitcoin Miners Undeterred by Falling Prices Most of the big miners this year produced coins at a loss due to unfavorable market prices. But this did not lead to a capitulation, as previously expected. Instead, miners redoubled their efforts to get some of the last 12.5Read MoreThe post Bitcoin Mining Experiences Worst Year in Half a Decade appeared first on Bitcoinist.com.