Quote from: cahbagus555 on December 03, 2018, 01:39:59 AM

Quote from: anushkasachith888 on November 26, 2018, 06:09:28 PM

I heard most of the miners are shutting down their gigs, Is it true? So, Is this the end of Bitcoin? Huh

From the news that i recently read, its true that many bitcoin miners shutting down their gigs. Its because they can not make profits with current bitcoin price. Electricity cost is main factor why miners shutting down their rigs
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The ignorance of mining here just shows you that virtually nobody on this forum mines, or does anything real or productive with bitcoin.

The simple fact is if you run a miner now anywhere on earth you lose money, at the current price.

Lets see today,...

Day 0.000000 0.000538 0.000538 $2.16 $3.29 -$1.13

whattomine.com

so right now today, if you mine bitcoin, on an s-9, you lose $1.13 everyday, ...

the point of mining was to make a profit, but I know HODL'rs cannot grasp this as they only seek loss