Post
Topic
Board Economics
Re: So mining is apparently only profitable if btc is over $8600
by
TraiKH
on 20/04/2018, 13:14:57 UTC
Morgan Stanley say bitcoin mining only profitable above 8600 dollars. I'm not sure this is correct though, especially if future valuations come anywhere close to fruition.
BTC value> 8k6 $ is effective for mining is not quite right. Because the mining process from the company depends on the construction, tools, equipment and utilities as well as the amount and power consumed depending on where to operate it.