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Bitcoin-Mining seit Chinas Eingreifen einfacher und profitabler

Bitcoin-Mining seit Chinas Eingreifen einfacher und profitabler
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Bitcoin mining just got way easier and lots more profitable

Bitcoin mining is now easier and more profitable as algorithm adjusts after China crackdown CNBC 14 hrs ago MacKenzie Sigalos More than 54% of bitcoin s hashrate, which is the collective computing power of miners worldwide, has dropped off the network since its market peak in May. The bitcoin code has re-calibrated to make it 28% less difficult to mine. Miners who are still plugged into the network stand to make greater profits while most of the network s miners remains offline. © Provided by CNBC A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. It just became a whole lot easier and much more profitable to mine for bitcoin.

Most Bitcoin Is Made in China Competitors Are Creeping Up

Text size Bought any Bitcoin lately? Chances are it was made in China. That could be a problem for the burgeoning digital currency and an opportunity for ambitious rival “miners” in the U.S. and elsewhere.  Bitcoin mining is virtual, but requires expensive real-world inputs. Simply put, miners compete to solve increasingly complex equations generated by the Bitcoin network. The first to solve one wins the right to process and confirm new Bitcoin transactions, and win newly minted coin as recompense. Being first requires massive computing power, which in turn requires huge amounts of electricity. Chinese entrepreneurs jumped on this ecosystem in the early 2010s, while Westerners remained wary. Miners harnessed nearly-free hydropower near dams that the country had built with abandon. Beijing-based Bitmain got a lock on the specialized chips and machinery the miners needed (and is aiming for a blockbuster IPO this year). BTCC and other exchanges mushroomed to trade the

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