The possible reason is the expected drop in the bitcoin block reward subsidy pushing bitcoin
miners out of the industry.
Not exact matches
The Northern Miner, Monday, December 15, 2008 Commentary: Survey Shows
Miners Upbeat Over The Long Term By Andrew Pollard Special To The Northern Miner It doesn't take a genius to figure
out that the mining
industry is not immune to the goings on
of the world financial markets.
The FTSE 100 declined on Wednesday as
miners finally succumbed to the pressures being applied to their
industry by the seemingly endless stream
of negative data reports coming
out of China.
Samsung has teamed up with Halong Mining to help create ASIC processing chips for their cryptocurrency
miners - and their first product is even
out in the markets, challenging the almost monopolistic hold
of Bitmain on the cryptocurrency mining
industry.
This is to help ensure auditing
of the mining
industry and flush
out all illegal
miners while introducing regulations to effectively control the sector.
Amy Schumer put her freshly - forged Hollywood connections to good use last night in a biting sketch that points
out just how much
of the
industry's female talent is wasted on barely - there roles like concerned wife
of sniper or concerned wife
of trapped coal
miner.
When the count
of miners in Wyoming goes
out each year, it's not always clear that a host
of contractor workers are also tied into the
industry.
According to various reports, the blockchain
industry is looking to local regulators to guide
miners out of the business.
«There are definitely some
miners who are already
out of money,» said BNEF analyst Sophie Lou, adding that the most efficient players in the bitcoin mining
industry can continue to generate profits until the bitcoin rate is higher than $ 3000.