BTC logo
BTC
$107,956.30
2.41%
ETH logo
ETH
$3,873.03
2.14%
USDT logo
USDT
$1.0003
0.02%
BNB logo
BNB
$1,155.76
0.29%
XRP logo
XRP
$2.3072
3.84%
SOL logo
SOL
$184.07
4.59%
USDC logo
USDC
$0.9999
0.00%
TRX logo
TRX
$0.3145
1.33%
DOGE logo
DOGE
$0.1870
3.94%
ADA logo
ADA
$0.6413
3.33%
USDE logo
USDE
$0.9995
0.06%
HYPE logo
HYPE
$36.51
1.71%
LINK logo
LINK
$17.33
3.46%
BCH logo
BCH
$504.06
3.32%
XLM logo
XLM
$0.3101
3.64%
SUI logo
SUI
$2.5204
5.14%
AVAX logo
AVAX
$20.80
4.46%
LEO logo
LEO
$9.6106
0.28%
WBT logo
WBT
$41.11
1.34%
HBAR logo
HBAR
$0.1697
4.44%
BTC logo
BTC
$107,956.30
2.41%
ETH logo
ETH
$3,873.03
2.14%
USDT logo
USDT
$1.0003
0.02%
BNB logo
BNB
$1,155.76
0.29%
XRP logo
XRP
$2.3072
3.84%
SOL logo
SOL
$184.07
4.59%
USDC logo
USDC
$0.9999
0.00%
TRX logo
TRX
$0.3145
1.33%
DOGE logo
DOGE
$0.1870
3.94%
ADA logo
ADA
$0.6413
3.33%
USDE logo
USDE
$0.9995
0.06%
HYPE logo
HYPE
$36.51
1.71%
LINK logo
LINK
$17.33
3.46%
BCH logo
BCH
$504.06
3.32%
XLM logo
XLM
$0.3101
3.64%
SUI logo
SUI
$2.5204
5.14%
AVAX logo
AVAX
$20.80
4.46%
LEO logo
LEO
$9.6106
0.28%
WBT logo
WBT
$41.11
1.34%
HBAR logo
HBAR
$0.1697
4.44%
Markets
Share this article

In Race for Bitcoin Mining Profits, Fortune Favors the Old

New research has found that unless the price of bitcoin goes up, there will be little room for new miners to compete.

By Jacob Donnelly
Updated Sep 11, 2021, 12:29 p.m. Published Sep 12, 2016, 9:30 p.m.
mining, bones