1. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  2. Brazilian Bitcoin Exchange wins in court verdict against Banks
  3. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  4. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  5. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  6. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  7. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  8. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  9. Binance’s Positive Initiative to Eliminate Money Laundering
  10. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  11. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  12. Bitpay to Provide Stablecoin Support for Merchant Settlement
  13. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  14. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  15. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  16. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  17. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  18. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  19. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  20. Blockchain Startup to Fund British Masters Tournament
  21. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  22. Bill Clinton Acknowledged Blockchain’s Immense Potential
  23. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  24. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  25. TD Bank to add blockchain and AI Solutions
  26. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  27. Cryptocurrency Needs Regulation to Survive
  28. Binance Crypto Exchange Introduces Binance Info 2.0 
  29. Cryptocurrency market drops
  30. Coinbase Introduces Four New GBP Crypto Trading Pairs
  31. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  32. Recent slump not a setback: says the Ethereum founder.
  33. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  34. Utility of several top cryptocurrency questionable, says a study.
  35. Sinking Bitcoin Helps Crypto Miners Profit
  36. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  37. What makes the crypto markets “weak”?
  38. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  39. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  40. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  41. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  42. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  43. XRP Led Cryptocurrency Exchange By AlphaPoint
  44. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  45. HTC and crypto currency: virtual currency in the smart phone market.
  46. Crypto currency: the strife of RBI continues.
  47. United Kingdom set to become the world leader in cryptocurrency industry
  48. Resuscitation of the crypto currency markets.
  49. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  50. WEX exchange and its spectacular technical goof ups.
  51. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  52. Virtual Currency enters academics
  53. The newest Ripple (Pun intended).
  54. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  55. India lagging in virtual currency as RBI wins the legal battle.
  56. Ibinex: So far so good.
Thursday, November 15, 2018
Banner Top
  1. Recent Stability of Bitcoin makes Fundstrat’s Tom Lee ‘Pleasantly Surprised’
  2. Brazilian Bitcoin Exchange wins in court verdict against Banks
  3. German Finance Regulator Considers International Regulations ‘Desirable’ for ICOs
  4. Canadian Bitcoin Exchange ‘MapleChange’ Hacked, Declares on Twitter
  5. Net Neutrality Killer Ajit Pai Eyeing Blockchain Regulations
  6. Bitfury a Huge European Crypto Mining Firm Considers Going Public
  7. Bitfinex’ Sharp Response on Phantom Tether Trading Volume Reports
  8. Taiwan to formulate ICO Regulations, according to Securities Regulator Chairman
  9. Binance’s Positive Initiative to Eliminate Money Laundering
  10. ING Bank to Introduce Open Source Privacy Improvement Add-On for Blockchains
  11. Most Popular Hacker George Hotz says Bitcoin Cash is the ‘Real Bitcoin’
  12. Bitpay to Provide Stablecoin Support for Merchant Settlement
  13. A Leading Cryptocurrency Exchange OKEx to Support Four Stablecoins at Once
  14. Blockchain Phones aren’t Far Anymore: HTC Exodus to Introduce on October 22
  15. Ex-Coinbase Executive Adam White to join ICE’s Crypto platform Bakkt as COO
  16. Crypto Hacks Caused Around $1 Billion Loss, So Far This Year
  17. XP Investimentos’ Crypto Exchange Won’t Enable Users to Deposit or Withdraw Bitcoin
  18. Roger Ver: Bitcoin.Com May Introduce Its Own Crypto Exchange
  19. CFTC Constraints Harder on Cryptocurrency Scam under Trump’s Administration
  20. Blockchain Startup to Fund British Masters Tournament
  21. Israel Securities Authority Adopts Blockchain to Improve Cybersecurity
  22. Bill Clinton Acknowledged Blockchain’s Immense Potential
  23. Siam Commercial Bank First to Experience Updated Ripplenet’s Multi-hop Payments Feature
  24. Ethereum to Rebound Strongly Towards the End of 2019: Tom Lee
  25. TD Bank to add blockchain and AI Solutions
  26. North Korea Multiplies the Crypto Usage to Refrain from US Sanctions
  27. Cryptocurrency Needs Regulation to Survive
  28. Binance Crypto Exchange Introduces Binance Info 2.0 
  29. Cryptocurrency market drops
  30. Coinbase Introduces Four New GBP Crypto Trading Pairs
  31. U.S. Federal Court Started Using Cryptocurrency For Bail Of Hacker Charged Of Breaking Computer Network
  32. Recent slump not a setback: says the Ethereum founder.
  33. Australia Based Legaler Raises $1.5 Million To Create Blockchain For The Future Of Legal Services
  34. Utility of several top cryptocurrency questionable, says a study.
  35. Sinking Bitcoin Helps Crypto Miners Profit
  36. LuneX a Crypto Based VC Fund Driven by Golden Gate Ventures in South East Asia
  37. What makes the crypto markets “weak”?
  38. The Blockchain Technology Used By West Virginia To Accommodate The Numerous Votes For The Upcoming Midterm Elections
  39. The USA’s Largest Financial Services Market Is To Incorporate The Blockchain Technology To Streamline a Variety Of Sectors
  40. A Lawsuit In China Against Cryptocurrency Exchange “Okcoin” For Declining Certain Bitcoin Cash Related Transaction
  41. Highly prestigious operator in the stock exchange sector to launch a market based on Bitcoin.
  42. Evolution of Blockchain as a Global Phenomenon – The industry has come a long way
  43. XRP Led Cryptocurrency Exchange By AlphaPoint
  44. South Carolina state authorities desist previously enforced regulations on blockchain implementation
  45. HTC and crypto currency: virtual currency in the smart phone market.
  46. Crypto currency: the strife of RBI continues.
  47. United Kingdom set to become the world leader in cryptocurrency industry
  48. Resuscitation of the crypto currency markets.
  49. Cobinhood crypto exchange announces exciting feature promoting crypto-to-fiat transaction
  50. WEX exchange and its spectacular technical goof ups.
  51. Digital currency can take over traditional currency by overcoming Finance sector obstacles
  52. Virtual Currency enters academics
  53. The newest Ripple (Pun intended).
  54. BIS chief makes the headlines by stating the negative impacts of cryptocurrency on economy
  55. India lagging in virtual currency as RBI wins the legal battle.
  56. Ibinex: So far so good.
Sinking Bitcoin Helps Crypto Miners Profit

The sinking rates of bitcoin are the news today, and you would assume the same for other miners, but that’s where it is different. It is, in fact, the lowering rates of bitcoin that even small crypto miners firm are making a profit today. The combination of rising hash rate and lowering prices decide the complex economics of cryptocurrency mining of today’s world. The hash rate refers to the computing power, and therefore, a rising hash rate suggests a potential profit for mining.

There are speculations about the price going on its final downhill but it is yet possible to make a profit from these Bitcoin rates, and we suggest the investors to stay put. Since the last year price rally to 1400 percent, Bitcoin mining is becoming increasingly sophisticated. Last year it allowed the players to use this increase as a profit to buy speedier chips and cheap power stations. More so, when the price dropped to $6000, it also allowed the smaller investors to chip out.

Even though no particular theories can prove exact, there are still many expansions coming from miners. It is making its way towards the biggest expansion which will ultimately be responsible for shutting out the smaller and less-efficient investors.

New bitcoins generate when the computer strives on processing a transaction through complex puzzles and receives tokens in exchange. So when there is an increase in mining power, the transaction puzzles automatically becomes harder to solve. Some of the efficient miners only govern it in such time. But when the need increases, the miners make themselves the customers of other companies and their transactions to receive tokens.

The faster the hash rate gains, the slower the price rallies. However, to understand the mechanics behind everything, it is important to learn the dynamics of two. A climbing hash rate should, therefore, also increase the price as each token cost higher. There can be various possibilities behind the rising computing power such as the expansion capacity. At last, it can also be a possible event where the miners will be tempted to sell their assets due to altering margins.

So even if their holdings go to loss, people would still want to collect what they have and invest. It explains the increased hash rate which points towards the increasing long-term investments. But in some cases, it is still advisable to cut yourself out before it is too late and clear your stakes. It is because you are playing, regardless of the consequences, in this case.

Analysts from all around the world are trying to bring the exact connection between the two to understand the prices for miners. For instance, $8000 is the anticipated amount by the Fundstrat Global Advisors. Similarly, the Morgan Stanley and CoinShares survey estimate $8600 and $6400 respectively. The figure for CoinShares survey relies on the cryptocurrency investment and the miners and then calculates this price as the average marginal Bitcoin cost.

This number can vary according to the efficiency rates of the miner in particular. One of the deciding factors is the expansion and firms like Genesis Mining are still planning on expanding the capacity. The miners and investors will have another game up their sleeve. Those who manufacture equipment will also benefit from easier hardware access where they can adjust their rates accordingly. It allows them to make more profit and hands them the beneficial side.

Everything boils down to the miner and hardware efficiency which in this case is increasing rapidly. It results in declining costs for Bitcoin. This time it is allowing the miners to execute their investments with a fair share of benefit and profit in their hands to make agreeable use out of it.

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Price Table

Name Price24H (%)
Bitcoin (BTC)
$5,673.57
-10.77%
Ethereum (ETH)
$179.93
-12.81%
Bitcoin Cash (BCH)
$444.54
-13.47%
XRP (XRP)
$0.462183
-9.04%
Litecoin (LTC)
$43.17
-13.64%
Bitcoin Gold (BTG)
$26.06
-9.05%
Bytecoin (BCN)
$0.001130
-10.49%
Bitcoin Diamond (BCD)
$1.39
-16.54%
Cardano (ADA)
$0.062529
-14.25%
Wanchain (WAN)
$0.72
-16.15%
Bitcoin Private (BTCP)
$1.75
-12.58%