Post
Topic
Board Speculation
Re: Price of Bitcoin and Mining Profitability
by
Wilhelm
on 29/11/2015, 12:31:26 UTC
The cost of Chinese miners powered  hydro elecricity is around $150 per bitcoin. Some of them will not be profitable when the difficulty rises further.

And then the inevitable happens... the price rises .... and mining becomes profitable again.

That's how the cookie crumbles!!!